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Fairshake
Fairshake is a political action committee funded by the cryptocurrency industry that supported candidates in the 2024 United States elections. Major contributors include Coinbase, Ripple, and Andreessen Horowitz. '' The Hill'' reported that more than $10 million of the super PAC's spending went toward opposing the California Democratic Senate primary bid of Katie Porter, who lost in the March 2024 primary. As of June 2024, ''CNBC CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ...'' reported that Fairshake had backed the winning candidate in 33 of the 35 House and Senate primary races it had entered. Following the 2024 presidential election, Brad Garlinghouse, founder of Ripple, claimed that the creation of Fairshake and other legislative efforts around cryptocurrency regulation a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ripple Labs
Ripple Labs, Inc. is an American technology company which offers enterprise blockchain products on the XRP Ledger and other networks. Originally named Opencoin and renamed in 2015, the company was founded in 2012 and is based in San Francisco, California. History Origins and early history In 2011, engineers David Schwartz and Jed McCaleb began a financial infrastructure similar to bitcoin that would use substantially less energy and drastically reduce transaction time. In September 2012, Chris Larsen and McCaleb co-founded the corporation OpenCoin. On April 11, 2013, OpenCoin announced it had closed an angel round of funding with several venture capital firms. That same month, OpenCoin acquired SimpleHoney to help it popularize virtual currencies and make them easier for average users. On September 26, 2013, OpenCoin officially changed its name to Ripple Labs, Inc. On October 6, 2015, the company was rebranded from Ripple Labs to Ripple. Introduction of banking sector products ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
War On Crypto
The War on Crypto is a series of regulatory, legal and political actions taken by various governments to regulate, oversee, or limit the development and adoption of Bitcoin, Cryptocurrency, cryptocurrencies and Blockchain, blockchain technologies. Governments have justified these efforts alleging concerns regarding financial stability, consumer protection, national security, and enforcing laws against money laundering and other illegal activity. These actions have drawn significant criticism across the political spectrum, as well as from Privacy, privacy advocates, finance companies, and Open-source software, open source code developers who argue that these actions are often "regulation by enforcement" and complain of a lack of regulatory clarity. The term describes an international phenomenon, including actions taken in the Law enforcement in the United States, United States, China, and Europe which include a mix of enforcement actions, criminal prosecutions, and political camp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
