Ripple CEO says US anti-crypto forces have been defeated

Ripple (XRP) CEO Brad Garlinghouse said that anti-crypto forces in the U.S. have been defeated. He was responding to a post from U.S. President Donald Trump on Truth Social yesterday morning, in which Trump pledged not to let the crypto industry die, even as he said an "anti-crypto army" was driving it overseas. Garlinghouse added that these forces have been defeated by the courts, voters, and Trump, asserting their arguments lacked policy, legal, and political substance. He stated that blocking financial innovation only helps protect those seeking to maintain an "old and broken system."