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Home»Regulation»Does this decision mark a turning point in the regulation of cryptocurrencies?
Regulation

Does this decision mark a turning point in the regulation of cryptocurrencies?

August 9, 2024No Comments
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There was a time when I thought Brad Garlinghouse’s legacy would be the peanut butter manifesto. In a 2006 memo, Yahoo! Vice President Garlinghouse wrote a memo explaining that the company was spreading itself too thin across too many business ventures, preventing it from becoming truly great at anything. You know, it’s like spreading peanut butter too thinly on a slice of bread.

It was the best depiction of the dispersion of ideas I’ve ever seen, and a memorable milestone in Yahoo!’s journey from online empire to disappearing historical footnote.

Brad Garlinghouse wasn’t done setting standards after that memo. After holding a few consulting and executive roles, he took over as CEO of Ripple Labs in 2015. XRP (CRYPTO: XRP) The cryptocurrency, often referred to as Ripple after its underlying organization and global payment service, may have turned the page on U.S. cryptocurrency regulation this week — still under Garlinghouse’s reign.

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Source Fool.com



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