XRP Army Rejoices As Ripple CEO Makes This Confirmation
2025-07-08 14:11:23
Main Idea
Ripple CEO Brad Garlinghouse's upcoming testimony before the U.S. Senate Banking Committee is seen as a significant moment for the XRP community and U.S. crypto policy, amid ongoing legal battles and legislative momentum.
Key Points
1. Ripple CEO Brad Garlinghouse will testify before the U.S. Senate Banking Committee, a milestone celebrated by the XRP community.
2. The hearing coincides with legislative progress, including the House passing the FIT21 bill to clarify crypto regulations.
3. Ripple continues its legal battle with the SEC, which alleges XRP was sold as an unregistered security, though a 2023 court ruling found XRP is not a security in certain contexts.
4. The XRP Army, a dedicated community, has reacted enthusiastically to Garlinghouse's testimony, expressing hopes for favorable crypto policies.
5. Garlinghouse's appearance is viewed as a potential watershed moment for U.S. crypto policy, with bipartisan discussions gaining traction.
Description
The XRP community is celebrating a major milestone after Ripple CEO Brad Garlinghouse confirmed he will testify before the U.S. Senate Banking Committee this Wednesday. In a post shared on X, Garlinghouse described the invitation as an honor and emphasized the importance of passing comprehensive crypto market structure legislation to ensure innovation, consumer protection, and financial progress in the United States. Garlinghouse’s Senate Testimony: A Defining Moment Garlinghouse’s participation...
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