📢Ripple's Brad Garlinghouse to Speak at Senate Committee Meeting on Crypto Legislation $XRP
Lawmakers are set for a Committee hearing on Wednesday to discuss the future of the digital asset market. The hearing, titled 'From Wall Street to Web3: Building Tomorrow's Digital Asset Markets,' will bring together many crypto industry leaders, including Ripple CEO Brad Garlinghouse, Summer Mersinger, CEO of Blockchain Association, Jonathan Levin, CEO of Chainalysis and Dan Robinson, General Partner at Paradigm.
Garlinghouse confirmed via an X post on Monday that he would be at the Senate Committee hearing. The Ripple CEO will speak on "the need for passing crypto market structure legislation."
"Constructive crypto market structure legislation in the US is imperative in bringing about a new era of innovation and financial opportunity, while protecting consumers," Garlinghouse wrote.
The CLARITY bill, which Garlinghouse will speak on its importance, aims to regulate the entire crypto market and clarify long-standing questions on the state of crypto assets. It will also properly define the regulatory jurisdiction of federal agencies, such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
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