In a recent interview with Breaker Magazine, new Chief Market Strategist at Ripple Cory Johnson revealed the private discussions the San Franciso-based blockchain startup has had with Trump administration. Cory said the company takes seriously its reputation as well as the clarity of the legal status of its services. The big number of high profile partners and discussions with numerous government agencies has immensely increased the company’s credibility within the crypto space. Cory said:
We’re in regular talks throughout Washington, and we meet with regulators as well as politicians. We’ve got a whole team that’s devoted to doing that, not just in the U.S., but worldwide.
Of late, Ripple (XRP) has been involved with numerous political figures. Recently, former US president Bill Clinton attended Ripple’s Swell Conference. The highly revered political figure in the United States delivered a speech at the event. He warned that excessive regulations could be counterproductive for the country’s economy.
Ripple has been in the forefront in the struggle to make America a blockchain and crypto-friendly country. The blockchain startup is part of the companies that have joined hands to try and convince the US lawmakers to implement crypto-friendly laws. The group calls itself “Securing America’s Internet of Value Coalition”. It has already contracted a reputable lobbying and public policy firm to promote their interests through political channels.
Ripple’s Trip to Washington DC
According to Cory, discussions with Trump administration were highly successful. The company’s marketing strategist said he was amazed at how Trump officials approached the issue. They listen to his ideas with open-mindedness. Cory said he usually has very low expectations whenever he meets regulators and politicians.
Despite the controversy of Ripple’s blockchain project within the crypto community, there is no doubt Ripple is Ripple (XRP) is a force to reckon with in the cryptocurrency space. It is currently ranked number 3 in terms of market cap, according to data from CoinMaketCap.com.