At the Digital Asset Summit in New York, Ripple Labs CEO Brad Garlinghouse emphasized the importance of unity in the crypto industry and criticized the SEC's approach.
Digital Asset Summit Speech
At the Digital Asset Summit 2025 in New York, Ripple Labs CEO Brad Garlinghouse stated he has no animosity against other cryptocurrencies, indicating that 'tribalism is the real enemy of progress.' He also announced that the SEC lawsuit against his company had been lifted.
Progressive Changes in U.S. Administration
Garlinghouse noted changes in the U.S. government's approach to crypto under the Trump administration, praising the appointment of new experts who are fostering a better regulatory environment for digital assets. He believes that the current Congress is pro-innovation and pro-crypto.
Support for Bitcoin and the Industry's Future
Addressing his stance on Bitcoin, Garlinghouse declared his long-term bullish outlook on the cryptocurrency. He highlighted past concerns about Bitcoin mining concentration in China, noting that the situation has since improved. He believes the industry will progress faster through collaboration.
Garlinghouse confirmed his readiness to support the crypto industry at the US Administration level and emphasized the importance of unity for future growth.
