Ripple CEO: The United States should become a financial center for blockchain technology

Ripple CEO Brad Garlinghouse remains adamant that the United States should become a global leader in blockchain and cryptocurrencies, despite the industry facing ongoing regulatory challenges and new lawsuits against the company. Ripple loyalist Jack TheRippler shared an excerpt from Garlinghouse's interview with CNBC on the X platform. In the interview, it lamented the U.S. government's resistance to the cryptocurrency industry. He said the industry is "falling behind in Washington" and forced to be on the defensive. Garlinghouse attributed some of the challenges facing the U.S. cryptocurrency industry to a lack of understanding among policymakers, while suggesting that some government officials may have deliberately opposed the industry.