Ripple CEO Brad Garlinghouse is scheduled to testify before the US Senate Banking Committee on July 9, 2025, regarding the future of digital asset markets.
The hearing will focus on cryptocurrency regulation, including proposed bills like the GENIUS Act and the CLARITY Act, with notable industry figures participating alongside Garlinghouse.
Garlinghouse emphasizes the need for clear cryptocurrency regulations in the US to foster innovation, protect consumers, and promote financial opportunities in the sector.
Recent legal developments involving Ripple's XRP token, including a court ruling and the withdrawal of a cross appeal, suggest progress in resolving regulatory uncertainties, while legislative changes like the GENIUS Act could impact Ripple's stablecoin operations.