Brad Garlinghouse, the CEO of Ripple ๐, has sent a loud and clear message to Washington: America is falling behind in the crypto race ๐โand itโs time to act! โ๏ธ๐ข
In a powerful statement this week, Garlinghouse called on U.S. lawmakers to embrace clear, smart crypto legislationthat encourages innovation while protecting consumers. ๐ก๏ธ๐ก โThe rest of the world isnโt waiting,โ he warned. โCountries like the UK, Singapore, and UAE are already miles ahead with pro-crypto frameworks.โ ๐โ๏ธ
Ripple, one of the biggest names in blockchain ๐ and the company behind the XRP token ๐ธ, has been battling the SEC for years over regulatory clarity. Garlinghouse says itโs time to stop regulating through lawsuits and start leading through legislation. โ๏ธโก๏ธ๐
Heโs urging Congress to support bipartisan efforts like the Financial Innovation and Technology for the 21st Century Act (FIT21) and others that provide the guidance crypto firms need to operate responsibly in the U.S. ๐บ๐ธโ
Why does this matter? ๐ค
Because without clear rules, U.S. jobs, investments, and tech leadership are at risk. Startups are leaving. Investors are confused. And innovation? Slowing. ๐ง ๐ซ
โAmerica is the birthplace of the internet,โ Garlinghouse said. โLetโs not lose our lead in Web3.โ ๐ธ๏ธโจ
The future of finance is on the blockchain. And Rippleโs CEO is right: the U.S. needs to catch up or risk getting left behind. โณ๐ฆ
So, lawmakersโare you listening? ๐๐บ๐ธ The crypto community is watchingโฆ and ready to build. ๐๏ธ๐
