Tesla CEO Elon Musk mentioned Ripple’s (CRYPTO: XRP) ledger in a recent town hall event. This comes amid controversies surrounding co-founder’s political donations and SEC scrutiny.
What Happened: An X account “Good Morning Crypto” shared a video snippet on Tuesday highlighting a recent interaction involving Musk. During a town hall in Pittsburgh, Musk was asked about the potential integration of the XRP Ledger into future financial institutions.
Musk’s comments, while neutral, suggested a broader perspective on the potential of blockchain technology.
Musk clarified, “I do think that cryptocurrency is an interesting and valuable bullwork against a centralized control. This is definitely not an endorsement or lack of endorsement for XRP, but I do think crypto by its very nature helps with individual freedom.”
It is noteworthy that Musk has often promoted XRP’s peer Dogecoin (CRYPTO: DOGE) on various occasions.
Meanwhile, Ripple Labs Inc., CEO Brad Garlinghouse …
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