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It’s worth noting the implications of Ripple’s engagement with figures like Ramaswamy. Ripple has faced a lot of criticism amid conspiracy theories that Ethereum-related entities influenced the SEC to favor ETH over XRP during its meteoric rise. XRP is not new Ethereum (ETH)? Ripple’s legal defenders often draw parallels between the strategies of the two ecosystems, portraying Ripple as an entity seeking reform rather than favor. The meeting may signal Ripple’s efforts to align itself with individuals who will shape future regulatory conversations.
Ripple’s strategy seems to be changing from fighting in court to talking with policymakers. By engaging with important people in government, Ripple could become a force for making things better. This could indirectly help XRP since the token has already gone up 400% in the past month and a half.
Source: u.today
