📅 October 15 | Washington, D.C.
In a statement that made headlines in the financial sector, Brad Garlinghouse, CEO of Ripple Labs, asserted that the United States will not return to the “hostile, anti-technology environment” that characterized Gary Gensler's regulatory era at the helm of the SEC. During an interview at the DC Blockchain Summit, Garlinghouse firmly stated that political change in Washington and the growing importance of digital innovation are redefining the relationship between the government and the crypto industry.
📖 In a defiant tone, Garlinghouse recalled the years of legal battles with the SEC, which sought to classify the XRP token as an unregistered security, a process that Ripple ultimately won in part in court. “That phase of persecution is over. The future is built through dialogue, not lawsuits,” he declared. His words come at a key moment, when the new US political and economic leadership appears to be leaning toward a more pragmatic pro-crypto policy, driven by the need to maintain global competitiveness against Asia and Europe.
According to the CEO, Ripple is expanding its institutional operations and exploring new partnerships with banks and financial institutions, especially in the field of cross-border payments. In his vision, blockchain infrastructure is no longer a promise, but an inevitable financial pillar. Garlinghouse also celebrated the fact that influential figures in Congress are pushing bills “that finally understand how the technology works, rather than treating it as a threat.”
The political backdrop is no small matter: the current administration seeks to attract technological innovation and private capital, while financial giants—from BlackRock to JPMorgan—are integrating blockchain-based solutions. Garlinghouse stated that “the regulatory pendulum has swung toward common sense,” a phrase that resonated with attendees as a symbol of a changing era.
However, not everyone shares his optimism. Some analysts warn that the coming months could bring an intense legislative struggle before the final regulatory framework for digital assets is defined. Even so, the market tone reflects hope: the XRP token rose 4% after his remarks, driven by the renewed climate of confidence.
Topic Opinion:
The time of regulatory hostility is over. Dialogue, innovation, and cooperation are now the true drivers of global financial development. But I also believe that this new chapter will require maturity and transparency from projects. It's not enough to celebrate openness: we must demonstrate that the industry has learned from its mistakes.
💬 Do you agree with Garlinghouse that the US has left its toughest crackdown on cryptocurrencies behind?
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