Crypto industry's lobbying drive will pay off in US elections, Ripple president says

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 48 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Ripple News

Political Candidates

The president of U.S. crypto firm Ripple is 'optimistic' that a lobbying push by the crypto industry will yield results in this year's U.S. elections, after ...

AMSTERDAM/NEW YORK - The president of U.S. crypto firm Ripple is "optimistic" that a lobbying push by the crypto industry will yield results in this year's U.S. elections, after her company helped the industry lead a record fundraising haul to back political candidates who are crypto-friendly. San Francisco-based Ripple is the second-largest donor to Fairshake, a so-called super PAC, which has raised $92.

Asked if she was optimistic that the U.S. crypto industry's voice will be heard, Long said, "I’m optimistic, yes. I’m hopeful.” Crypto groups are pushing for lawmakers to pass a bill that would curtail the SEC's oversight of the industry. A report from Public Citizen said that roughly half of the crypto industry's political war chest comes from direct corporate expenditures, primarily from crypto exchange Coinbase and Ripple, with the remainder contributed by venture capitalists. The industry's own data, however, suggests lobbyists could face difficulties in winning support. A survey by U.S.

Donald Trump has called on the Supreme Court to weigh in on his hush-money case as his sentencing looms next month.The former president, who was convicted on 34 felony counts of falsifying business records, is set to be sentenced on July 11, four days before the beginning of the Republican National Convention in Milwaukee.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden extends olive branch to crypto industry as Musk advises Trump on crypto approachThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »