Ripple CEO optimistic about progress on Washington's bipartisan crypto regulations

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Ripple CEO Brad Garlinghouse is optimistic about progress on US crypto regulations after interacting with lawmakers in Washington, D.C.

In a February 13 post on X, Gerlinghouse met with several policymakers in Washington, D.C., including Sens. Tim Scott and Sens. Chuck Schumer, France Hill, Richie Torres and Bill Wizenga. I shared what I had.

He said the meeting highlighted an unusual opportunity to advance bipartisan law that could create a well-defined regulatory framework for digital assets.

Gerlinghouse explains the debate as promising, noting that lawmakers appear to be more open to regulations that support innovation while ensuring market stability.

Increased clarity of regulations

The Garlinghouse statement reflects the general sentiment of the crypto industry. There, key stakeholders believe that President Donald Trump’s administration will enter a new era of development and progress in emerging sectors.

Furthermore, legislative efforts to establish simpler cryptography have gained momentum, and recent policy moves indicate a shift towards structured surveillance.

Congress has already taken steps towards cryptographic regulation, particularly in the stubcoin sector. While the House of Representatives is promoting stable transparency and accountability for better ledger economic (stable) actions, the Senate is working to guide and establish national innovation for the US stubcoin law. Masu.

These invoices propose licensing requirements, risk management strategies, and asset booking rules for term coin issuers. However, the final outcome remains uncertain.

Meanwhile, regulatory bodies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are also working on frameworks to balance economic growth and market integrity.

This is evidenced by the key personnel appointments of Trump’s leading pro-HR individuals and leads the agency. Former Commissioner Paul Atkins was tapped to lead the SEC, while Brian Quintz was chosen to lead the CFTC.