Ripple co-founder Chris Larsen thinks crypto is about to witness a regulatory “sea change.”

In a new interview with CNBC, the Ripple executive chairman argues that Senator Elizabeth Warren’s “really misguided war on crypto” ceded leadership in the sector to Singapore and the United Kingdom and failed to protect American consumers from threats like FTX.

Larsen, however, thinks the tides are turning.

“I think the good news now is that we see this sort of bipartisan support from whomever wins the White House, whether it is the Republicans or the Democrats, I think the war on crypto is over. And look, we want to encourage pro-digital asset political leaders.”