Ripple CEO says U.S. can become crypto center

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Ripple CEO says U.S. can become crypto center
Crypto

Blockonomi

Ripple CEO Brad Garlinghouse backed White House efforts to make the United States a global crypto center after attending an Aug. 19 meeting with executives from Coinbase, Robinhood, Kraken, Nasdaq, ICE, Gemini, Chainlink and others, alongside SEC chairman Paul Atkins and CFTC chairman Michael Selig. The administration restated its goal of keeping crypto innovation domestic, and Garlinghouse urged policymakers to complete clearer rules. Lawmakers face a tight timeline as the Senate plans an initial CLARITY Act vote on Sept. 15 and the House will sit only four days after, raising the possibility of lame duck action.

Senate plans initial CLARITY Act vote on September 15.

Context

A White House meeting on Aug. 19 brought industry leaders and regulators together. The Senate plans an initial CLARITY Act vote on Sept. 15. If Congress does not finish, the bill could move into a lame duck session.

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