Could Kamala Harris End the Ripple vs. SEC Lawsuit? MetaLawMan Weighs In

As the Ripple vs. SEC litigation drags on, lawyer James Murphy—known as MetaLawMan—brings a ray of hope. His comments follow billionaire investor Mark Cuban’s recent hints that Vice President Kamala Harris Kamala Harris Kamala Harris is an American politician attorney, and currently serving as vice president of the United States. She is the first female vice president and the highest-ranking female politician in the U.S. Kamala was Born in Oakland, California, and graduated from Howard University with a degree in political science and economics, and later pursued her law degree from the University of California, Hastings College of the Law. As a politician, she implemented stricter laws, the DREAM Act, and federal legalization of cannabis, healthcare, and taxation reform. Harris secured enough non-binding support from delegates to become the speculative nominee of the Democratic Party. Vice President might adopt a more favorable view of cryptocurrency. This has sparked fresh discussions in the XRP community.

What’s Sparking the Buzz?

The XRP lawsuit has been a major topic in the crypto world, grabbing significant attention from investors. Media reports indicate that Mark Cuban has been approached by Kamala Harris’s team for insights on cryptocurrency. MetaLawMan’s comments have amplified speculation that Harris’s potential support for crypto could lead to the dismissal of the XRP lawsuit and other legal actions against cryptocurrency firms.

Murphy’s Proposed Crypto Overhaul

Murphy has outlined several steps for a real shift towards more crypto-friendly policies:

• Removing SEC Chair Gary Gensler
• Ending Operation Chokepoint 2.0
• Dropping cases against major crypto firms like Ripple, Coinbase, Kraken, and Binance
• Repealing SAB121
• Granting Custodia Bank a Federal Reserve master account

Murphy believes these actions would help create a more favorable environment for cryptocurrency.

Mark Cuban’s Take: A Possible Policy Change?

Mark Cuban has suggested that Kamala Harris might take a more supportive stance on cryptocurrency regulations, signaling a potential shift towards innovation. In an email to Politico, Cuban mentioned hearing rumors about Harris’s plans to embrace AI, cryptocurrency, and modern governance, though he hasn’t heard this directly from her.

If these proposed policies are implemented, they could bring an end to the XRP lawsuits and other legal challenges facing crypto firms, marking a significant win for digital assets.

Focus on Bitcoin Conference 2024

The Bitcoin Conference 2024 is drawing attention, with both former President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President and Vice President Kamala Harris set to speak on crypto policies. Bitcoin Magazine CEO David Bailey has confirmed discussions with Harris’s campaign, suggesting a potential shift in the Democratic approach to cryptocurrency.

However, Gemini Co-founder Tyler Winklevoss has expressed doubts about Harris’s pro-crypto stance, arguing that it might be too late for meaningful change.

The Community Reacts

Pro-XRP lawyer Bill Morgan sees this as a positive development, indicating a willingness to explore new crypto policies. On the other hand, some remain skeptical due to the administration’s past opposition to crypto.

Despite the uncertainties, the news has boosted market confidence, leading to discussions about a possible shift in US policy towards cryptocurrency firms.

Also Read: Ripple News : Top Reasons XRP Price Could Experience a Major Upswing

Will Kamala Harris be the crypto champion the industry needs? We’ll find out.