Ripple CEO Takes Center Stage in US Senate Crypto Hearing – Market Structure Under Fire
Crypto's regulatory reckoning heats up as Washington calls one of its most polarizing figures to testify. The Senate Banking Committee just dropped a bombshell witness list—and Ripple’s Brad Garlinghouse tops the bill.
The Big Question: Who Really Controls Crypto Markets?
Garlinghouse—fresh off Ripple’s partial legal win against the SEC—will face lawmakers probing whether decentralized finance needs traditional market safeguards. Expect fireworks as he defends XRP’s quasi-security status while rivals whisper about "regulatory capture."
Why This Hearing Could Move Markets
With 2025’s crypto bill still stalled, this session might force clarity on everything from token classification to exchange oversight. Spoiler: Wall Street banks are lobbying hard for rules that’d make DeFi as exciting as a spreadsheet.
One thing’s certain—when DC finally understands crypto, it won’t be the industry’s fault for lack of explaining (or schmoozing).