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Ripple CEO: XRP Is Still the Company’s Polaris; Going Public Could Benefit Investors
Techub News reports that, according to Bitcoinist, Ripple CEO Brad Garlinghouse and former CTO David Schwartz responded to Cardano founder Charles Hoskinson’s criticism of the CLARITY bill and XRP. Garlinghouse reiterated at the XRP Las Vegas conference that XRP is the company’s “North Star” and hinted that investors might benefit from future listings; Schwartz stated that although the bill is not perfect, seeking regulatory clarity for digital assets is crucial. Schwartz responded that Ripple does not intend to classify new cryptocurrencies as securities to suppress competition, but rather supports industry innovation. Previously, Hoskinson warned that the bill might treat new tokens as securities and questioned whether Ripple’s operations are beneficial to XRP holders. Currently, XRP is priced at about $1.40, up over 2% intraday.