Co-founder Ripple Chris Larsen donates $11.8 milyon na XRP to support Kamala Harris’ crypto-friendly campaign
Chris Larsen, co-founder wey dey run Ripple, don turn big donor for di 2024 U.S. Presidential race as e don contribute about $11.8 million for XRP to Kamala Harris campaign. Dis one make am beta crypto donor, meaning say e dey try find beta crypto policies as dem dey criticize Biden administration regulatory style before. Larsen see Harris as beta candidate wey go fit help U.S. come lead for di crypto industry, unlike di strict moves wey Senator Warren and SEC Chairman Gensler dey make. Dis big support dey show how di crypto industry dey reason about beta regulations and bi-partisan support wey dem need for di sector to grow. As election dey hot, di political involvement of crypto stakeholders dey increase, showing how dem fit shape di future regulatory environment.
Bullish
Di significant donation wey Chris Larsen give to Harris campaign na him dey show bullish signal for cryptocurrency market. Di expectation be say di possible Harris administration fit implement beta crypto-friendly policies, supported by Larsen views on innovation and leadership for di crypto sector. Dis news go likely dey received well by di market as stakeholders dey anticipate regulation environment wey go favor growth and innovation. Di immediate impact fit dey limited, but di long-term implications suggest say e go p usher favorable shift for crypto policy under a pro-innovation leadership, so e mean say bullish outlook.