Crypto Industry Pitches Market Structure Ideas to U.S. Senators in Hearing
Crypto industry insiders including Ripple CEO Brad Garlinghouse outlined their hopes for how the Senate might seek to regulate digital assets markets in the U.S., while Senator Elizabeth Warren shared some of the top Democrat objections during a Wednesday hearing.
“For the last decade, the legal and regulatory uncertainty surrounding crypto has prohibited meaningful progress in the U.S.,” Garlinghouse told the Senate Banking Committee in his testimony. “At Ripple, we certainly saw firsthand how the lack of clear rules of the road can be weaponized to target good actors.” Ripple was one of the companies sued by the Securities and Exchange Commission, during President Donald Trump’s first term.
This is one of two Senate committees — also…
