Web3
XRP (XRP): Ripple Chair Chris Larsen Spends $10 Million Fighting California's 5% Billionaire Tax
COINOTAG·September 20, 2026·1 min read
Ripple chair Chris Larsen spent over $10 million to defeat California's Prop 40, a one-time 5% billionaire tax raising ~$100 billion. Six Nobel economists back the proposal. Larsen's opposition highlights crypto leaders' stance on wealth taxes, potentially affecting XRP's regulatory environment.
Read at COINOTAGDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.