XRP Wobbles as Ripple CEO Questions Trump’s Potential SEC Chair Pick

  • XRP, despite a weekly surge of 57%, is down 3.4% today, buoyed by Societe Generale’s announcement of a MiCA compliant stablecoin on XRPL and potential Ripple and Cardano collaborations.
  • Speculation about SEC Chair Gary Gensler resigning has positively influenced XRP amidst election results.
  • Ripple CEO Brad Garlinghouse criticises potential SEC Chair candidate Robert Stebbins for past regulatory actions.
  • The choice of the next SEC Chair is crucial for cryptocurrency’s future, with hopes for a leader to end the war on crypto.

Most cryptocurrencies are slowing down for the moment, following the recent rally which has seen fresh new all-time highs for Bitcoin. While BTC is still up on the daily timeframe,…

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