Ripple CEO Brad Garlinghouse goes public with pro-crypto lawyer John Deaton’s campaign to oust Sen. Elizabeth Warren and become Massachusetts’ next senator. I supported it.
On October 22, Garlinghouse said he supported Deaton “passionately and wholeheartedly,” praising the attorney for being a tireless advocate for XRP and the broader crypto industry.
Deaton’s support
Ripple’s CEO also criticized Senator Warren for spreading misinformation about cryptocurrencies, saying:
“Deaton has been a relentless defender of the XRP Army (a.k.a. Ta.”
In her post, Garlinghouse encouraged her supporters to donate to Deaton’s campaign and vote for him in the upcoming Senate election.
Garlinghouse’s endorsement is not surprising, given that Deaton has consistently defended XRP and participated in litigation to protect the interests of digital asset owners. Cryptocurrency lawyers have consistently called for clearer regulatory guidelines for the cryptocurrency sector and criticized the US government’s enforcement-oriented regulatory approach.
In contrast, Sen. Warren has been a vocal opponent of the crypto industry. She previously announced her intention to form an anti-cryptocurrency coalition and has supported several bills deemed harmful to the crypto industry. Critics have also accused her of aligning herself with financial institutions that have traditionally opposed her.
Meanwhile, Garlinghouse’s endorsement is part of a broader wave of support for Deaton from influential figures in the crypto industry. On October 21, Coinbase CEO Brian Armstrong and tech billionaire Elon Musk urged Massachusetts voters to support Deaton, saying he was a better candidate than Warren. He emphasized that there is.
Ripple custody business expands
In a separate development, Ripple’s custodial business is expanding through a strategic partnership with IBM and Galanti BBVA Crypto, the digital asset company of Galanti BBVA, Turkey’s second largest private bank.
The partnership aims to strengthen the bank’s capabilities in building and managing critical administrative infrastructure at the institutional level.
Korcan Abalı, CEO of Garanti BBVA Kripto, commented on the growing demand for digital assets among customers:
“The number of customers who wish to transfer and store their crypto assets is increasing every day.”
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