Ripple CEO Brad Garlinghouse has publicly criticized U.S. Senator Cynthia Lummis for canceling a scheduled meeting during his visit to Washington, D.C., aimed at advocating for inclusive digital asset regulation. Garlinghouse expressed disappointment over the cancellation and the lack of rescheduling, highlighting the importance of supporting a diverse range of blockchain networks beyond just Bitcoin. He extended an invitation to Senator Lummis for a public discussion to address these concerns.
This incident occurs amidst significant developments in the cryptocurrency space, including the launch of CME XRP futures, which has intensified calls for the approval of a spot XRP ETF. The tension underscores the ongoing debate between Bitcoin-centric policies and a more inclusive approach to digital asset regulation.
Senator Lummis, known for her support of Bitcoin, chairs the Senate Digital Assets Subcommittee and represents Wyoming, a state recognized for its crypto-friendly policies. Garlinghouse's outreach emphasizes the need for policymakers to engage with and support the broader cryptocurrency ecosystem.
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