<ul data-eligibleForWebStory="false"><li>Ripple CEO Brad Garlinghouse emphasized the need for clear regulatory frameworks in the cryptocurrency industry during his testimony to the Senate Committee on Banking.</li><li>Ripple aims to create an 'Internet of Value' to facilitate seamless money transfers using its software solutions designed for cross-border payments and digital custody for financial institutions.</li><li>Garlinghouse outlined foundational principles for effective cryptocurrency legislation, calling for consumer protection, proper market oversight, regulation of bad actors, and fostering innovation.</li><li>Despite challenges, Ripple advocates for smart legislation to position the US as a leader in blockchain technology, aiming to unlock efficiencies in financial transactions and enhance competitiveness globally.</li></ul>

Insights From Ripple CEO’s Testimony To Senate Banking Committee

Discover more