The Evolution of Japan’s Web3 Ecosystem
Japan’s Web3 transformation is being powered by innovative companies like Monex Group, leading the nation’s crypto ecosystem into the future.
Brad Garlinghouse’s Concerns
- CEO of Ripple
- Displeased with 60 Minutes interview portrayal
- Key details omitted regarding legal battles
Ripple’s Legal Milestone
In a pivotal July 2023 ruling, XRP was declared not a security when traded on public exchanges by a federal judge, countering claims made by former SEC official John Reed Stark.
Challenging Narratives
- Garlinghouse criticizes incomplete narrative about XRP’s regulatory status
- Highlights Ripple’s compliance with regulations and real-world use cases
- Emphasizes blockchain’s transformative potential
Insights from Ripple Engineer
Neil Hartner clarifies misconception that XRP is Ripple’s proprietary token, emphasizing XRP’s decentralized nature.
Key Takeaways from the Interview
- Crypto’s growing influence in US politics
- Ripple’s impact on political discussions and election outcomes
- Recent US election as a turning point for the crypto industry
Political Contributions
- Fairshake PAC supported by Ripple and other industry leaders
- $45 million contributed to Fairshake’s efforts
- Total donations exceeding $204 million for pro-crypto campaigns
Alignment with President-elect Donald Trump
Garlinghouse notes the surprising shift towards a pro-crypto stance by President-elect Donald Trump, aligning the crypto community with his platform.
