Ripple CEO Brad Garlinghouse has confirmed his intention to testify before the U.S. Senate Banking Committee on July 9, 2025. This event is connected to important changes in the regulation of cryptocurrencies in the country.
Garlinghouse's Testimony Before the Senate
Garlinghouse stated that he is "honored to be invited". He will appear alongside other prominent industry figures at the hearing focused on crypto market structure.
Crypto Market and Its Structure
The hearing will be conducted under the Subcommittee on Digital Assets and aims to discuss necessary legislative initiatives to create an effective framework for the cryptocurrency market.
Significance of Testimony for the Industry
Garlinghouse emphasized the importance of passing constructive legislation in the cryptocurrency field, stating it would usher in a new era of innovation and financial opportunity while safeguarding consumers.
Brad Garlinghouse's testimony before the Senate could be a significant step towards clearer regulation of the crypto market in the U.S., fostering its development and consumer protection.
