Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty rejected claims that the US midterm elections hurt crypto interests. They noted that pro-crypto candidates from both parties won seats, with Stand With Crypto counting 222 House winners and 19 Senate winners who support the industry. The Fairshake super PAC won 29 of 34 races it funded.
The outlook remains complicated. Democrat Sherrod Brown, a crypto skeptic, won in Ohio despite over $60 million spent against him. Democrats will control both chambers when the new Congress starts in January 2027, potentially making it harder to pass crypto legislation. Ripple executives say the industry's regulatory goals remain unchanged.
Read the full story on BSC News: Ripple Executives Dispute Crypto Setback Claims After US Midterm Elections, Citing Bipartisan Support
Want the day's biggest crypto stories in one email each morning? Subscribe to The BSCN Debrief