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Ripple exec confident crypto regulation progress continues post-US midterms despite mixed election results.

Market News
05 Nov 2026, 23:30 WIB
Zycrypto
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Bullish
Ripple exec confident crypto regulation progress continues post-US midterms despite mixed election results.

Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty expressed confidence in the future of crypto regulation following the US midterm elections, highlighting bipartisan support for digital assets despite Democrats gaining control of Congress. They noted that pro-crypto lawmakers won seats across party lines and emphasized the growing number of Americans using crypto, which reinforces the need for clear regulations. Although some crypto-backed candidates lost despite heavy spending, Ripple believes ongoing political engagement will help shape favorable digital asset laws in the US.

As of Nov 06, 2026 04:52 WIB, XRP on Pluang is priced at Rp22.189 with a 1-day decline of 6.17%. Despite the bipartisan political support for crypto mentioned in the news, XRP's market cap stands at Rp1.402,32 trillion while trading volume reached Rp46,57 trillion. Pluang users show a selling bias with 66% of orders to sell XRP, and the typical hold time is 73 days.

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