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
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 has outlined several steps for a real shift towards more crypto-friendly policies:
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.
The Bitcoin Conference 2024 is drawing attention, with both former President Donald Trump
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.
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.
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