On Wednesday, Ripple CEO Brad Garlinghouse shared his thoughts on what President Donald Trump should do in the early stages of his administration. Garlinghouse believes that it is essential for the Trump administration to take immediate steps to reshape digital asset regulation. In a post on X, Garlinghouse congratulated Trump on his election and outlined a roadmap that could lead to better clarity in the world of cryptocurrency.
Here are the key points of his roadmap:
1. Clear the SEC: Garlinghouse suggests that one of the first things that Trump could do is to clear the Securities and Exchange Commission (SEC) of any officials who may have a biased view against cryptocurrencies. This would allow for a more objective and fair regulatory environment for digital assets.
2. Drive crypto clarity: Garlinghouse believes that the Trump administration should work to provide clear guidelines and regulations for the cryptocurrency industry. This would help to eliminate confusion and uncertainty for investors and businesses alike, making it easier for the industry to grow and thrive.
3. Promote innovation: The CEO also believes that the Trump administration should work to foster innovation in the cryptocurrency sector. This could be done by creating a more favorable environment for startups and businesses in the industry, as well as by investing in research and development. 4. Encourage international cooperation: Garlinghouse believes that the Trump administration should focus on working with other countries to create a global regulatory framework for digital assets.
This would help to create a more stable and secure environment for the industry, and could potentially lead to greater adoption of cryptocurrencies around the world. In conclusion, Garlinghouse’s roadmap for the early days of the Trump administration offers a clear set of priorities for reshaping digital asset regulation.
By taking these steps, the Trump administration could help to create a more favorable environment for the cryptocurrency industry, ultimately leading to increased innovation, growth, and adoption.
