🚨 #RippleCEO congressional hearing – needs clear laws for the crypto market
🔸 Brad Garlinghouse, CEO of Ripple, will testify before the U.S. Senate Banking Committee on July 9, 2025, at the hearing "From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets" – chaired by Senators Tim Scott, Cynthia Lummis, and Ruben Gallego.
🔍 Key points:
He emphasized the importance of structured laws for the crypto market to promote innovation while still protecting users.
Many figures will participate, including Summer Mersinger (Blockchain Assoc.), Jonathan Levin (Chainalysis), and Dan Robinson (Paradigm), providing insights from technical and regulatory perspectives.
The hearing will also discuss current bills like the GENIUS Act and the CLARITY Act, aimed at clearly delineating jurisdiction between the SEC and CFTC.
📌 Why is it important?
This is Ripple's biggest move to promote the legalization of the framework for the crypto industry.
Decisions from Congress could establish or disrupt the future of many projects like XRP — which is waiting for clear signals after the lawsuit with the SEC.
A market with transparent laws will attract institutional capital, reduce risks, and support long-term growth.
🔔 Conclusion: Garlinghouse's testimony in the Senate on July 9, 2025, is a significant milestone for the transformation of the U.S. crypto industry — from a chaotic phase to having clear legal structures. This is a session to closely follow to understand the next steps for XRP and how new laws will shape the market.
