Ripple CTO David Schwartz invited the community to visit the upcoming Consensus2024 event. Schwartz will unveil his upcoming major product. Meanwhile, Ripple described the 2024 US elections as the most important in crypto history. In this context, he donated $25 million to Fairshake for lobbying activities.
Ripple CTO will announce its upcoming important product!
David Schwartz, Ripple’s chief technology officer (CTO) and one of the founders of XRP Ledger, made an announcement about his appearance at CoinDesk’s upcoming annual Consensus2024 event and what he plans to discuss on stage. Schwartz stated in his post that in his speech during this crypto event, Ripple plans to explain its vision and roadmap for enterprise DeFi on XRP Ledger. Ripple CTO has not shared further details for now. However, he stated that he would only discuss this issue with Phil Kwok, one of the founders of the EasyA application.
Ripple Labs announced their conversation in a recent post, stating that these two respected names will discuss “multi-chain interoperability, EVM programmability, RWA tokenization and more.”
How much XRP does David Schwartz hold?
Meanwhile, David Schwartz put an end to various speculations about what his crypto portfolio consists of. Schwartz shared that he had approximately 26 million XRP in his highest holding. He admitted that he sold Bitcoin to buy more XRP and also Ethereum. However, Schwartz patriotically noted that he has never sold XRP to buy another crypto, except perhaps to sell it for “some unusual purposes.”
Ripple donates another $25 million to Fairshake
Ripple today announced its $25 million contribution to the federal super political action committee (PAC) Fairshake. The company made this move to support pro-crypto political candidates during the 2024 US elections. The donation comes in addition to Ripple’s $25 million contribution to Fairshake last year. Ripple said in a statement on Wednesday:
The Securities and Exchange Commission’s approach to trying to regulate crypto through sanctions has failed. The time for the United States to act is now. Ripple is proud to invest in this effort and contribute to shaping a positive regulatory environment in the United States.
The most important election in cryptocurrency history!
According to Ripple, the 2024 elections will be the “most important” election in crypto history. Because candidates with the potential to influence the financial and technological innovations ahead will compete. In his statement on the subject, Ripple CEO Brad Garlinghouse underlined the following points:
Ripple will not remain silent, and neither should the crypto industry, as unelected regulators actively seek to stifle the innovation and economic growth that benefits millions of Americans. The crypto industry intends to continue investing heavily in this effort until we see meaningful change.
cryptokoin.comAs you follow from , Ripple has been battling the SEC in court for years after the regulator accused the company of raising $1.3 billion through the sale of XRP, which it deemed an unregistered security.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!