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Ripple CEO Brad Garlinghouse (브래드 갈링하우스) said the United States is nearing the final stage of overhauling cryptocurrency regulation and could rise as a global crypto hub.
On Sept. 4, blockchain outlet Decrypt reported that Garlinghouse wrote on X on Sept. 3, “Making America the crypto capital of the world is within reach. Let’s finish the job.”
The remarks came shortly after U.S. Commodity Futures Trading Commission (CFTC) Chair Michael Selig mentioned details of a recent White House meeting. Selig cited an Aug. 19 meeting in which President Donald Trump met people from the cryptocurrency, technology and financial industries. Selig said the United States should lead next-generation financial technology rather than let other countries set the rules.
Garlinghouse attended the meeting along with industry figures including Coinbase CEO Brian Armstrong. From U.S. financial regulators, Securities and Exchange Commission (SEC) Chair Paul Atkins and CFTC Chair Selig attended. Selig said of the meeting, “The new frontier in finance is being built in America.”
Market attention is shifting to a Senate vote this month on the “Clarity bill.” The bill contains measures to clarify the regulation of crypto assets in the United States, and the Senate is set to vote on Sept. 15. Differences remain over provisions on stablecoin rewards, decentralised finance, consumer protection and public officials.
Trump was reported to have expressed confidence in passing the bill during discussions with industry and financial figures. The meeting focused on ways to adjust remaining issues and secure senators who support the bill.
Separately, the CFTC launched an Innovation Advisory Committee to provide advice in technology, law, policy and finance. The basis for operating the committee was renewed on Aug. 19, and its first meeting was held on Aug. 20. Measures pursued by the Trump administration were also cited, including the Genius bill, a strategic <a href="https://xpertsstudio.com/<a href="https://xpertsstudio.com/morgan-creek-cio-bitcoin-bottom-on-october-5-sold-90-of-solana/” title=”Morgan Creek CIO: "Bitcoin Bottom on October 5… Sold 90% of Solana"”>bitcoin-rises-as-zec-deliver-strong-gains/” title=”Bitcoin Rises as ZEC Deliver Strong Gains”>bitcoin reserve and clarifying the distinction between crypto securities and commodities.
The legislative discussions are particularly important for Ripple and XRP. Ripple has for years called for a clear cryptocurrency regulatory framework in the United States. Garlinghouse has said that if regulation becomes clear, crypto companies can build and invest in the United States rather than move their business overseas.
If the Clarity bill passes, uncertainty surrounding digital assets such as XRP could ease. It could also become easier for U.S. companies to use and support XRP. In that context, the outcome of the Senate vote is expected to be a turning point not only for the direction of U.S. crypto policy but also for the pace at which Ripple and XRP are incorporated into the institutional system.
Proud to be in the room.
Making America the crypto capital of the world is within reach – let’s finish the job https://t.co/mxmkadYEUU
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Jinju Honghongjj@d-today.co.kr
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