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		<title>XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt</title>
		<link>https://timestabloid.com/xrp-mentioned-in-a-conversation-with-vice-president-jd-vance-on-u-s-debt/</link>
		
		<dc:creator><![CDATA[Tobi Loba]]></dc:creator>
		<pubDate>Sat, 22 Aug 2026 11:00:19 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[JD Vance]]></category>
		<category><![CDATA[XRP]]></category>
		<guid isPermaLink="false">https://timestabloid.com/?p=109907</guid>

					<description><![CDATA[<a href="https://timestabloid.com/xrp-mentioned-in-a-conversation-with-vice-president-jd-vance-on-u-s-debt/" title="XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt" rel="nofollow"><img width="300" height="200" src="https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-300x200.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" decoding="async" fetchpriority="high" srcset="https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-300x200.jpg 300w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-768x512.jpg 768w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-630x420.jpg 630w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-150x100.jpg 150w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-696x464.jpg 696w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1.jpg 1000w" sizes="(max-width: 300px) 100vw, 300px" /></a><p>XRP entered a high-level conversation involving U.S. Vice President JD Vance, the nation’s debt, a proposed national crypto reserve, and the future of digital assets. Crypto Dyl News highlighted the exchange after Newsmax host Carl Higbie specifically mentioned Bitcoin and XRP while questioning Vance about the role crypto could eventually play in strengthening the U.S. [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/xrp-mentioned-in-a-conversation-with-vice-president-jd-vance-on-u-s-debt/">XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
]]></description>
										<content:encoded><![CDATA[<a href="https://timestabloid.com/xrp-mentioned-in-a-conversation-with-vice-president-jd-vance-on-u-s-debt/" title="XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt" rel="nofollow"><img width="300" height="200" src="https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-300x200.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" decoding="async" srcset="https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-300x200.jpg 300w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-768x512.jpg 768w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-630x420.jpg 630w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-150x100.jpg 150w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-696x464.jpg 696w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1.jpg 1000w" sizes="(max-width: 300px) 100vw, 300px" /></a><p>XRP entered a high-level conversation involving U.S. Vice President JD Vance, the nation’s debt, a proposed national crypto reserve, and the future of digital assets.</p>
<p>Crypto Dyl News highlighted the exchange after Newsmax host Carl Higbie specifically mentioned Bitcoin and XRP while questioning Vance about the role crypto could eventually play in strengthening the U.S. financial position.</p>
<h2><strong>XRP Mentioned in Discussion on U.S. Debt</strong></h2>
<p>Crypto Dyl News reported on X that Higbie referenced President Donald Trump’s comments about a potential crypto reserve containing Bitcoin, XRP, and other digital assets. He then asked whether anything was considered to help address the country’s debt.</p>
<p>Vance did not say that <a href="https://timestabloid.com/expert-evaluates-how-xrp-in-ripple-escrow-could-pay-off-36-2t-u-s-national-debt/">XRP would be used to settle or pay off the U.S. national debt</a>. Instead, he pointed to measures the administration is pursuing to improve the relationship between economic growth and the country’s debt.</p>
<p>He discussed a sovereign wealth fund and said Treasury Secretary Scott Bessent has been working on a plan designed to help the U.S. economy grow faster than its debt. Vance acknowledged that the debt remains high but said the administration believes it is making progress.</p>
<p>Vance also criticized the high cost of servicing the debt and said the administration inherited a situation in which debt was growing faster than U.S. GDP.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <a href="https://x.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> just got mentioned in a conversation with the Vice President <a href="https://x.com/JDVance?ref_src=twsrc%5Etfw">@JDVance</a> of the United States about America’s debt, the national crypto reserve, and the future of digital assets.</p>
<p>Newsmax host, Carl Higbie <a href="https://x.com/CarlHigbie?ref_src=twsrc%5Etfw">@CarlHigbie</a> specifically brought up Bitcoin and XRP while asking JD… <a href="https://t.co/phwQZBlCen">pic.twitter.com/phwQZBlCen</a></p>
<p>&mdash; Crypto Dyl News (@cryptodylnews) <a href="https://x.com/cryptodylnews/status/2090601682644140465?ref_src=twsrc%5Etfw">August 21, 2026</a></p></blockquote>
<p><script async src="https://platform.x.com/widgets.js" charset="utf-8"></script></p>
<h2><strong>Vance Calls CLARITY Act Very Important</strong></h2>
<p>The discussion then moved directly to crypto regulation. Higbie said the <a href="https://timestabloid.com/clarity-act-update-for-xrp-holders-donald-trump-drops-major-statement/">CLARITY Act </a>could create significant opportunities for investors once it becomes law and asked Vance when the legislation could clear the Senate.</p>
<p>Vance said he had hoped the bill would pass before the August recess. He explained that some Republican senators remain opposed while some Democrats are also delaying the legislation. He said the administration needs to work with lawmakers from both parties to secure enough support for a vote.</p>
<p>Vance described the CLARITY Act as “a very important piece of legislation” and said the administration is working on it every day.</p>
<p>He also explained why the White House believes clearer crypto rules are necessary. According to Vance, crypto and blockchain companies have reached a stage where they need defined rules to operate in the United States. He said companies want to follow regulations but need clear guidance from federal authorities.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">We are on X, follow us to connect with us :- <a href="https://x.com/TimesTabloid1?ref_src=twsrc%5Etfw">@TimesTabloid1</a></p>
<p>&mdash; TimesTabloid (@TimesTabloid1) <a href="https://x.com/TimesTabloid1/status/1934162718258499855?ref_src=twsrc%5Etfw">June 15, 2025</a></p></blockquote>
<p><script async src="https://platform.x.com/widgets.js" charset="utf-8"></script></p>
<h2><strong>Crypto Dyl News Highlights XRP’s Position</strong></h2>
<p>Crypto Dyl News presented the exchange as significant for <a href="https://timestabloid.com/clarity-act-for-xrp-holders-coinbase-ceo-drops-major-statement/">XRP holders</a> because XRP was mentioned in the proposed U.S. crypto reserve during a discussion involving the vice president.</p>
<p>The post also pointed to Ripple’s engagement with policymakers and the administration’s continued push for crypto legislation. However, Vance’s remarks did not confirm that XRP will become part of a national reserve or help reduce the national debt.</p>
<p>His comments focused on economic growth, debt management, and the need for clarity. Vance’s positive assessment of the <a href="https://timestabloid.com/ripple-ceo-comments-on-clarity-act-about-elizabeth-warren/">CLARITY Act </a>adds additional context for the ongoing debate over the future of digital assets in the United States.</p>
<p><strong><em>Disclaimer</em></strong><em>: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.</em></p>
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<p>The post <a href="https://timestabloid.com/xrp-mentioned-in-a-conversation-with-vice-president-jd-vance-on-u-s-debt/">XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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		<item>
		<title>Ripple CEO Meets the United States Vice President James David Vance</title>
		<link>https://timestabloid.com/ripple-ceo-meets-the-united-states-vice-president-james-david-vance/</link>
		
		<dc:creator><![CDATA[Solomon Odunayo]]></dc:creator>
		<pubDate>Thu, 23 Jan 2025 06:40:43 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Brad Garlinghouse]]></category>
		<category><![CDATA[JD Vance]]></category>
		<category><![CDATA[Ripple CEO]]></category>
		<category><![CDATA[XRP]]></category>
		<guid isPermaLink="false">https://timestabloid.com/?p=55276</guid>

					<description><![CDATA[<a href="https://timestabloid.com/ripple-ceo-meets-the-united-states-vice-president-james-david-vance/" title="Ripple CEO Meets the United States Vice President James David Vance" rel="nofollow"><img width="300" height="200" src="https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-300x200.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Is Ripple (XRP) IPO Coming? Here&#039;s What Brad Garlinghouse Says" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" decoding="async" srcset="https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-300x200.jpg 300w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-768x512.jpg 768w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-630x420.jpg 630w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-150x100.jpg 150w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-696x464.jpg 696w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1.jpg 1000w" sizes="(max-width: 300px) 100vw, 300px" /></a><p>Ripple CEO Brad Garlinghouse recently attended a series of high-profile events in Washington, D.C., where he met with James David Vance, the Vice President of the United States. This engagement follows his earlier meeting with President Donald Trump during events surrounding Trump’s inauguration as the 47th President of the United States. In a tweet shared [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/ripple-ceo-meets-the-united-states-vice-president-james-david-vance/">Ripple CEO Meets the United States Vice President James David Vance</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
]]></description>
										<content:encoded><![CDATA[<a href="https://timestabloid.com/ripple-ceo-meets-the-united-states-vice-president-james-david-vance/" title="Ripple CEO Meets the United States Vice President James David Vance" rel="nofollow"><img width="300" height="200" src="https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-300x200.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Is Ripple (XRP) IPO Coming? Here&#039;s What Brad Garlinghouse Says" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" decoding="async" loading="lazy" srcset="https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-300x200.jpg 300w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-768x512.jpg 768w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-630x420.jpg 630w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-150x100.jpg 150w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1-696x464.jpg 696w, https://timestabloid.com/wp-content/uploads/2024/04/Ripple-CEO-Brad-Garlinghouse1.jpg 1000w" sizes="auto, (max-width: 300px) 100vw, 300px" /></a><p>Ripple CEO Brad Garlinghouse recently attended a series of high-profile events in Washington, D.C., where he met with James David Vance, the Vice President of the United States.</p>
<p>This engagement follows his earlier meeting with President Donald Trump during events surrounding Trump’s inauguration as the 47th President of the United States.</p>
<p>In a tweet <a href="https://x.com/bgarlinghouse/status/1881756655471210577?s=46">shared</a> by Garlinghouse, he highlighted these significant meetings, including D.C.’s first “Crypto Ball,” a session at the Capitol, and separate dinners with Trump and Vance.</p>
<p>He expressed optimism about the evolving regulatory landscape for crypto in the United States, stating, “there’s palpable excitement for all the good that’s possible leveraging crypto and blockchain… here in the US (finally!) and globally”</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">Still riding high from all the Inauguration events in DC this weekend!</p>
<p>From the Crypto Ball, to the VP dinner, to the POTUS dinner, to sitting in the Capitol yesterday &#8211; there’s palpable excitement for all the good that’s possible leveraging crypto and blockchain… here in the… <a href="https://t.co/VzIVoYuo7v">pic.twitter.com/VzIVoYuo7v</a></p>
<p>&mdash; Brad Garlinghouse (@bgarlinghouse) <a href="https://twitter.com/bgarlinghouse/status/1881756655471210577?ref_src=twsrc%5Etfw">January 21, 2025</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2><b>Positive Reactions from the XRP Community</b></h2>
<p>The news of Garlinghouse’s interactions with Vice President Vance and President Trump has generated excitement among members of the XRP community. A photograph of Garlinghouse with Vance, taken during one of the events, has been widely shared and celebrated on social media platforms, particularly on X (formerly Twitter).</p>
<p>In addition, a video clip showing Garlinghouse and Vance exchanging greetings at Trump’s Candlelight Dinner, held on the eve of the inauguration, has been circulating online. The increased visibility of these interactions has sparked optimism within the XRP community, with many interpreting them as positive developments for the broader ecosystem.</p>
<p><a href="https://timestabloid.com/ripple-ceo-says-strong-start-to-2025-after-dinner-with-donald-trump/">Garlinghouse’s meeting with Trump</a> earlier this month also drew significant attention. A widely shared image featuring Trump, Garlinghouse, and Ripple Chief Legal Officer (CLO) Stuart Alderoty has further fueled speculation about the company’s engagement with the new administration.</p>
<h2><b>Ripple’s Financial Contributions and Strategic Objectives</b></h2>
<p>Ripple has also made notable contributions to political and inaugural events associated with the Trump administration.</p>
<p>While Ripple did not directly fund Trump’s reelection campaign, <a href="https://timestabloid.com/ripple-cto-donates-300000-in-xrp-to-donald-trumps-presidential-campaign/">Stuart Alderoty personally contributed 624,000 XRP</a>—worth approximately $300,000 at the time—to a Super PAC supporting Trump.</p>
<p>Additionally, according to a Fox Business <a href="https://www.foxbusiness.com/politics/trump-inauguration-draws-big-crypto-donations">report</a>, Ripple donated $5 million to support Trump’s inauguration ceremony after his electoral victory.</p>
<p>These financial contributions and the high-level meetings with key figures in the new administration have led to speculation that Ripple may be lobbying for favorable outcomes related to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).</p>
<p>Alderoty has expressed confidence that the Trump administration could move to dismiss the lawsuit, which he has previously described as baseless.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">We are on twitter, follow us to connect with us :- <a href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw">@TimesTabloid1</a></p>
<p>&mdash; TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw">July 15, 2023</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2><b>Rumored National XRP Reserve</b></h2>
<p>Amid these developments, rumors have surfaced regarding the potential establishment of a <a href="https://timestabloid.com/confirmed-donald-trump-considers-crypto-reserve-in-xrp-and-solana-sol/">U.S.-based crypto reserve under the Trump administration.</a> Reports suggest that Trump’s team is exploring the creation of an “America-first” reserve for domestic crypto assets, with XRP reportedly being among the assets under consideration.</p>
<p>This proposed reserve, if implemented, would align with Trump’s vision for a national Bitcoin stockpile, which has also been rumored. However, no formal announcements have been made regarding these initiatives, and Trump has yet to confirm any plans to include XRP in such a reserve.</p>
<p>As Ripple continues its push for regulatory clarity and a resolution to its legal challenges, these interactions underscore the company’s active role in shaping the future of the cryptocurrency industry in the United States.</p>
<p><strong><em>Disclaimer</em></strong><em>: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.</em></p>
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<p>The post <a href="https://timestabloid.com/ripple-ceo-meets-the-united-states-vice-president-james-david-vance/">Ripple CEO Meets the United States Vice President James David Vance</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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		<title>Ripple vs SEC: Vice President-Elect Criticizes Gensler&#8217;s Approach to Crypto Regulation</title>
		<link>https://timestabloid.com/ripple-vs-sec-vice-president-elect-criticizes-gensler-approach-to-crypto-regulation/</link>
		
		<dc:creator><![CDATA[Solomon Odunayo]]></dc:creator>
		<pubDate>Mon, 11 Nov 2024 12:54:56 +0000</pubDate>
				<category><![CDATA[Cryptocurrency]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Gary Gensler]]></category>
		<category><![CDATA[JD Vance]]></category>
		<category><![CDATA[Ripple]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[XRP]]></category>
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					<description><![CDATA[<a href="https://timestabloid.com/ripple-vs-sec-vice-president-elect-criticizes-gensler-approach-to-crypto-regulation/" title="Ripple vs SEC: Vice President-Elect Criticizes Gensler&#8217;s Approach to Crypto Regulation" rel="nofollow"><img width="300" height="200" src="https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-300x200.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" decoding="async" loading="lazy" srcset="https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-300x200.jpg 300w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-768x512.jpg 768w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-630x420.jpg 630w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-150x100.jpg 150w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-696x464.jpg 696w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1.jpg 1000w" sizes="auto, (max-width: 300px) 100vw, 300px" /></a><p>In a recent video shared on X by WallStreetBulls (@w_thejazz), U.S. Vice President-elect J.D. Vance strongly criticized current SEC Chair Gary Gensler&#8217;s approach to regulating the blockchain and cryptocurrency sectors. Vance, set to assume office alongside President-elect Donald Trump, highlighted two primary issues with Gensler&#8217;s regulatory stance. First, he accused Gensler of injecting politics into [&#8230;]</p>
<p>The post <a href="https://timestabloid.com/ripple-vs-sec-vice-president-elect-criticizes-gensler-approach-to-crypto-regulation/">Ripple vs SEC: Vice President-Elect Criticizes Gensler&#8217;s Approach to Crypto Regulation</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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										<content:encoded><![CDATA[<a href="https://timestabloid.com/ripple-vs-sec-vice-president-elect-criticizes-gensler-approach-to-crypto-regulation/" title="Ripple vs SEC: Vice President-Elect Criticizes Gensler&#8217;s Approach to Crypto Regulation" rel="nofollow"><img width="300" height="200" src="https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-300x200.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="XRP Mentioned In a Conversation With Vice President JD Vance On U.S. Debt" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" decoding="async" loading="lazy" srcset="https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-300x200.jpg 300w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-768x512.jpg 768w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-630x420.jpg 630w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-150x100.jpg 150w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1-696x464.jpg 696w, https://timestabloid.com/wp-content/uploads/2024/11/JD-Vance-Crypto1.jpg 1000w" sizes="auto, (max-width: 300px) 100vw, 300px" /></a><p>In a recent video <a href="https://x.com/w_thejazz/status/1855400828468961315?t=2jM09wGpYfl1K2eRZ9j7tg&amp;s=19">shared</a> on X by WallStreetBulls (@w_thejazz), U.S. Vice President-elect J.D. Vance strongly criticized current SEC Chair Gary Gensler&#8217;s approach to regulating the blockchain and cryptocurrency sectors.</p>
<p>Vance, set to assume office alongside President-elect Donald Trump, highlighted two primary issues with Gensler&#8217;s regulatory stance. First, he accused Gensler of injecting politics into the business of securities regulation.</p>
<p>&#8220;He wants to inject politics way too much into the actual business of securities in the United States of America,&#8221; Vance asserted. This criticism reflects a broader concern among members of the crypto industry who believe that regulatory decisions should be driven by technical and economic considerations rather than political agendas.</p>
<p>The second, and perhaps more significant, point of contention for Vance is Gensler&#8217;s approach to regulating blockchain and cryptocurrency. According to Vance, Gensler&#8217;s strategy is fundamentally flawed and counterproductive.</p>
<p>&#8220;The approach that Gary has taken to regulating blockchain and crypto seems to be almost the exact opposite of what it should be,&#8221; he stated. Vance elaborated that the SEC appears to be targeting tokens with utility while ignoring those without it, a stance he believes is misguided, and a stance that explains the SEC’s pursuit of Ripple and XRP while <a href="https://timestabloid.com/pundit-queries-why-sec-battles-ripple-and-xrp-while-ethereum-ico-is-untouched/">leaving Ethereum untouched</a>.</p>
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<p>&mdash; TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw">July 15, 2023</a></p></blockquote>
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<h2><strong>The Need for Proper Crypto Regulation</strong></h2>
<p>Vance&#8217;s concerns about the SEC&#8217;s focus on utility in tokens are rooted in a broader apprehension about the financialization of the crypto sector. He expressed worries about the authenticity and viability of many crypto projects, suggesting that tokens with actual utility should be the focus of regulation. Vance emphasized the need to regulate these tokens carefully to ensure consumer protection without stifling innovation.</p>
<p>One of the points emphasized is the importance of blockchain technology for emerging companies, particularly those aiming to challenge established social media giants. He noted that many of the most exciting new ventures in communications rely on high-utility tokens for functions such as verification.</p>
<p>&#8220;A lot of the newest challengers to the social media incumbents of 2024 are going to require some blockchain technology to make their business work,&#8221; Vance explained. He warned that if the regulatory environment makes it difficult to use such tokens, it could hinder the growth of these innovative companies and entrench existing incumbents.</p>
<p>The crypto community, especially supporters of XRP, has reacted positively to Vance&#8217;s remarks. WallStreetBulls believes that Vance&#8217;s stance could benefit XRP, which has been under scrutiny by the SEC. The <a href="https://timestabloid.com/ripple-ceo-to-donald-trump-fire-sec-chair-gensler-on-day-1-no-delays/">anticipation of Gensler&#8217;s removal</a>, as promised by President-elect Trump, has further fueled optimism within the community.</p>
<p><em><strong>Disclaimer</strong></em><em>: </em><em>This content is meant to inform and should not be considered financial advice. The views</em> <em>expressed in this article may include the author&#8217;s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.</em></p>
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<p>The post <a href="https://timestabloid.com/ripple-vs-sec-vice-president-elect-criticizes-gensler-approach-to-crypto-regulation/">Ripple vs SEC: Vice President-Elect Criticizes Gensler&#8217;s Approach to Crypto Regulation</a> appeared first on <a href="https://timestabloid.com">Times Tabloid</a>.</p>
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