🚨 Ripple CEO Brad Garlinghouse to Address U.S. Senate on Future of Digital Asset Markets
According to PANews, Brad Garlinghouse, CEO of Ripple, will testify before the U.S. Senate Banking Committee on Wednesday, July 9. The hearing, titled “From Wall Street to Web3: Building the Digital Asset Markets of the Future,” marks a pivotal moment for the cryptocurrency industry and will be broadcast live for public viewing.
The session is organized by the Senate’s Digital Assets Subcommittee and centers around two key legislative proposals:
🔹 GENIUS Stablecoin Act
🔹 CLARITY Market Structure Act
These bills aim to define the regulatory boundaries between the SEC and CFTC, providing much-needed clarity for digital asset innovation.
Garlinghouse highlighted on social media the urgency of proactive legislation, stating that clear and fair rules are essential for fostering innovation, attracting investment, and protecting consumers in the evolving Web3 landscape.
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📢 “The U.S. has a unique opportunity to lead the world in responsible crypto innovation — but it starts with clear legislation.” — Brad Garlinghouse
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