Brad Garlinghouse, chief executive officer of Ripple Labs Inc., discusses the crypto payments company’s strategy, its outlook, and market regulations. US Securities and Exchange Commission Chair Gary Gensler, speaking at a Senate Banking Committee Hearing on Tuesday, said the crypto industry is rife with fraud and abuse. Ripple this month objected to the SEC’s request to appeal a federal judge’s ruling that the company’s XRP token wasn’t a security when sold to the public. Garlinghouse speaks with Annabelle Droulers on the sidelines of TOKEN2029, Asia’s biggest crypto event taking place in Singapore, on “Bloomberg Daybreak: Asia.”
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