News Formal

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

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

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 6. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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.
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »