šØ Big News for Crypto Enthusiasts!
Ripple CEO Brad Garlinghouse will testify at a U.S. Senate Banking Committee hearing on July 9, Wednesday. Titled āFrom Wall Street to Web3: Building the Digital Asset Markets of the Future,ā the hearing will be broadcast live online.
The focus? Two key acts:
GENIUS Stablecoin Act
CLARITY Market Structure Act
These aim to clarify the roles of the SEC and CFTC in regulating digital assets. Garlinghouse stressed on social media that constructive crypto legislation is vital for innovation, financial opportunities, and consumer protection.