CoinVoice has learned that according to Bitcoin.com, Ripple CEO Brad Garlinghouse announced that he will testify on Wednesday, July 9, at a hearing titled 'From Wall Street to Web3: Building the Future of the Digital Asset Market' held by the U.S. Senate Banking Committee.
The hearing will be streamed live online and is a key part of the Senate Digital Assets Subcommittee's legislative process to promote the (GENIUS Stablecoin Act) and (CLARITY Market Structure Act), aimed at clarifying the regulatory divisions between the SEC and the CFTC.
Garlinghouse emphasized on social media that it is crucial for the U.S. to develop constructive cryptocurrency market structure legislation to open a new era of innovation and financial opportunities while protecting consumers. [Original link]
