In a surprising and bold shift, Brad Garlinghouse, the CEO of Ripple, described the rapid change in regulators' attitudes towards cryptocurrencies as a 'new dawn.' According to Garlinghouse, the discussions during the SALT 2025 investment conference were very different from previous years, with greater openness from policymakers towards emerging digital assets.
🏦 Federal governors embrace cryptocurrencies
It is noteworthy that some Federal Reserve governors have begun to show a positive stance towards cryptocurrencies, which Garlinghouse described as personally surprising.
Michelle Bowman called for abandoning the mindset of excessive caution and adopting a more proactive approach that allows for innovation and supports financial technology.
Christopher Waller confirmed that technologies like smart tokens and smart contracts are not scary, but rather hold great opportunities for innovation.
The report also noted that the Fed recently halted its oversight program dedicated to cryptocurrencies, which is an additional step towards affirming the legitimacy of digital assets.
⚖️ 'New Dawn' for Ripple after the end of SEC dispute
For Ripple itself, a new dawn comes after the long legal battle with the U.S. Securities and Exchange Commission (SEC). The U.S. Second Circuit Court of Appeals has definitively closed the case, allowing Ripple the opportunity to focus on its expansion and growth without the previous legal constraints.
These developments indicate a new phase of optimism not only for cryptocurrencies in general but also for Ripple specifically, with potential opportunities for collaboration with major financial institutions and leveraging innovation in the digital financial sector.
