Ripple CEO Brad Garlinghouse Takes Center Stage at Pivotal US Senate Crypto Hearing

Crypto's regulatory reckoning heats up as Ripple's CEO steps into the Senate spotlight. Garlinghouse—fresh off XRP's legal wins—faces lawmakers scrambling to wrangle the Wild West of digital assets.

Why this hearing matters:

The Senate's playing catch-up as DeFi protocols laugh all the way to the (unregulated) bank. Garlinghouse brings battle-tested insights from Ripple's SEC showdown—just don't expect Congress to move at blockchain speed.

Watch for fireworks as crypto pragmatism collides with political theater. Meanwhile, Wall Street banks quietly lobby to keep their monopoly on slow, expensive settlements.

On X, Garlinghouse confirmed his participation on social media, saying, “I am honored to be invited to testify in front of the Senate Banking Committee this Wednesday on the need for passing crypto market structure legislation.”

Garlinghouse will not be alone in giving testimony. Other influential industry players such as Summer Mersinger of the Blockchain Association, Jonathan Levin of Chainalysis, and Dan Robinson of Paradigm will also be there. They will be giving their opinions regarding the future of digital assets and how the U.S. can improve regulation for them.

The hearing is being presided over by senior lawmakers such as Senator Tim Scott, Senator Cynthia Lummis, and Senator Ruben Gallego. The hearing will center on two significant proposed pieces of legislation, the GENIUS Act and the CLARITY Act. Both bills are intended to establish a clear legal framework for crypto in the U.S.

Garlinghouse said passing crypto market structure laws is necessary to support innovation and financial growth while also protecting consumers. He praised the senators for their leadership in pushing crypto regulation forward.

This is one part of a broader effort by American lawmakers to establish a robust and transparent regulatory framework for digital assets. Senator Tim Scott and other lawmakers recently introduced a set of principles to serve as guidance for forthcoming crypto legislation. The new hearings will be expected to guide the country’s future crypto regulations.

Also Read: XRP will Hijack 14% of SWIFT Volume: Ripple CEO Brad Garlinghouse