Ripple CEO expects crypto industry to 'reset' after US election, criticizes Biden administration

Ripple CEO Brad Garlinghouse said that the cryptocurrency industry will see a reset regardless of the outcome of the upcoming US election. Garlinghouse called for bipartisan cooperation at the 8th Washington Fintech Week and called the current Biden administration "hostile." "I think we're going to see a reset no matter what happens," he said in an interview. "We're going to see progress moving forward, and I'm certainly looking forward to it... Obviously, Trump actively supported cryptocurrencies early on and called himself the crypto president." He also mentioned Harris' connections in the technology field, "Harris is from Silicon Valley. She has been supporting technology for many years, and she has been relatively silent in the technology field." (The Block)