PANews July 8 news, according to Bitcoin.com, Ripple CEO Brad Garlinghouse disclosed that he will testify on Wednesday, July 9, at a hearing held by the U.S. Senate Banking Committee titled 'From Wall Street to Web3: Building the Future of the Digital Asset Market', which will be streamed live. This hearing is a key part of the legislative process pushed by the Senate Digital Assets Subcommittee (GENIUS Stablecoin Act) and (CLARITY Market Structure Act), aiming to clarify the regulatory division between the SEC and CFTC. Garlinghouse emphasized on social media that it is crucial for the U.S. to establish constructive cryptocurrency market structure legislation to open a new era of innovation and financial opportunities while protecting consumers.