Will XRP Finally Get Legal Clarity? Ripple CEO Testifies in Congress Next Week

2025-07-04 10:11:17

Main Idea

The US Congress is holding a hearing on crypto market structure next week with industry leaders testifying, focusing on enhancing clarity and regulation in the crypto market.

Key Points

1. The hearing will take place on Wednesday at 10:00 AM ET and will include testimonies from Ripple CEO Brad Garlinghouse, Blockchain Association CEO Kristin Smith, Chainalysis CEO Jonathan Levin, and Pradigm General Partner Dan Robbinson.

2. John E Deaton, an XRP attorney, commented on the lack of complete legal clarity for XRP despite Ripple's legal battle with the SEC.

3. The CLARITY Bill and GENIUS Act are key focuses of the hearing, aiming to provide regulatory clarity and structure for the crypto market.

4. The GENIUS Act is progressing towards a potential vote in the House, and if passed, it would move to the President’s desk for signing.

5. The US is embracing crypto innovation, with plans for a 'crypto week' in July to further establish a legal framework for the industry.

Description

The post Will XRP Finally Get Legal Clarity? Ripple CEO Testifies in Congress Next Week appeared first on Coinpedia Fintech News The US Congress has scheduled a hearing on crypto market structure next week with industry leaders set to testify, including Ripple CEO Brad Garlinghouse. The initiative is expected to influence future crypto legislation in the United States.Attorney John E Deaton shared a post on X (formerly Twitter), detailing the lack of clarity. Committee Hearing Set to Tackle Mark...

>> go to origin page