{"id":1884,"date":"2024-10-30T17:05:16","date_gmt":"2024-10-30T17:05:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1884"},"modified":"2024-10-30T17:05:16","modified_gmt":"2024-10-30T17:05:16","slug":"ripple-co-founder-explains-11-million-in-xrp-donations-to-kamala-harris-campaign","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1884","title":{"rendered":"Ripple Co-Founder Explains $11 Million In XRP Donations To Kamala Harris\u2019 Campaign"},"content":{"rendered":"
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As the US presidential elections near, Ripple co-founder Chris Larsen revealed the reason for supporting the US Vice President and Democratic nominee Kamala Harris. Larsen became the largest single donor of the crypto industry this election cycle after his two XRP donations to Harris\u2019 campaign earlier this month.<\/p>\n

Kamala Harris To Have A \u2018Completely Different Approach\u2019<\/h2>\n

Chris Larsen, co-founder and executive chairman of Ripple, recently joined<\/a> CNBC to discuss his endorsement and crypto donations to the campaign of the Democratic candidate Kamala Harris.<\/p>\n

During the interview, Larsen asserted that his support for VP Harris was based on the belief that her administration would approach the crypto industry differently than the Biden administration.<\/p>\n

Ripple\u2019s co-founder suggested that Biden\u2019s administration wasn\u2019t against the industry. Instead, they \u201cdidn\u2019t pay attention\u201d and gave the reigns of the sector\u2019s regulatory approach to figures like Senator Warren<\/a> and Securities and Exchange Commission (SEC) Chairman Gary Gensler.<\/p>\n

Larsen noted that Senator Elizabeth Warren led a \u201cmisguided war on crypto,\u201d which resulted in London and Singapore taking the industry\u2019s leadership \u201cwhen it should have been in the US.\u201d<\/p>\n

Moreover, the heavily criticized regulation-by-enforcement approach failed to protect US-based investors, allowing \u201csketchy foreign operators like FTX to rip off American consumers.\u201d<\/p>\n

Ripple\u2019s executive chairman shared his excitement for Harris\u2019 economic message, noting that the US VP has met with several figures from different industries, including the crypto sector. To Larsen, the Democratic nominee\u2019s message is \u201cpro-innovation,\u201d seeking to ensure that \u201cAmerican champions dominate their industries\u201d worldwide.<\/p>\n

He also suggested that the Harris administration\u2019s DNA is \u201cfrom the world capital of innovation,\u201d which gives him the confidence that it will be a completely different approach than the failed Biden administration brought.<\/p>\n

Ripple Co-Founder\u2019s Continued Support Of Harris\u2019 Campaign<\/h2>\n

It\u2019s worth noting that while many crypto experts and figures have championed Donald Trump\u2019s pro-industry stance, Larsen joined Mark Cuban and publicly advocated for the US Vice President. As reported<\/a> by Bitcoinist, the Ripple co-founder, alongside another eighty-seven corporate leaders, endorsed Kamala Harris in early September after signing a letter disclosing their support.<\/p>\n

This month, he continued to support Harris\u2019 campaign after donating around $11.8 million in XRP to the candidate\u2019s Super Political Action Committee (PAC), Future Forward USA, and becoming the largest single crypto donor this campaign cycle.<\/p>\n

On October 11, Ripple\u2019s executive chairman sent $1 million worth of XRP to Future Forward, marking the first documented crypto donation to the Super PAC. This was followed<\/a> by a $10 million donation on October 21, with Larsen stating his belief that \u201cKamala Harris will ensure that American technology dominates the world.\u201d<\/p>\n

Since then, Larsen has vouched for the Democratic nominee, claiming that \u201cit\u2019s time for the Democrats to have a new approach including crypto.\u201d During the CNBC interview, he stated that the crypto war is over as American investors will see bipartisan support from whoever wins the November election.<\/p>\n

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I think the good news now is that we see this sort of bipartisan support from whoever wins the white house. Whether it is Republicans or Democrats, I think the war in crypto is over, and we want to encourage pro-digital asset political leaders.<\/p>\n<\/blockquote>\n

This seems to be a growing sentiment within the industry, with figures like Pro-XRP Lawyer John Deaton challenging Senator Warren\u2019s seat in the Senate. Meanwhile, investors have remarked<\/a> that the sector is \u201cnon-partisan\u201d and that users should force both sides \u201cto come to heel\u201d as crypto will triumph regardless of the party.<\/p>\n

\"Ripple,<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

As the US presidential elections near, Ripple co-founder Chris Larsen revealed the reason for supporting the US Vice President and Democratic nominee Kamala Harris. Larsen became the largest single donor of the crypto industry this election cycle after his two XRP donations to Harris\u2019 campaign earlier this month. Kamala Harris To Have A \u2018Completely Different […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1884","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1884"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1884\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}