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

📆 05.06.2024 1:19:00
📰 ChannelNewsAsia

⏱ Reading Time:
28 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 66%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

FILE PHOTO: Representation of the Ripple payments network is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

Speaking at the Money20/20 fintech conference in Amsterdam on Tuesday, Ripple President Monica Long told Reuters that the PAC is bipartisan and has a single focus: supporting candidates who back the regulations desired by the crypto industry. The crypto industry is increasingly trying to influence U.S. lawmakers as it faces heightened scrutiny from regulators and politicians, especially since bankruptcies at major crypto firms in 2022 spooked investors, exposed fraud and misconduct and left millions of crypto investors out of pocket.

Написать комментарий

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stocks inch lower, dollar firm as Fed focus intensifies; crypto soarsTOKYO : Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »