Ripple CEO Summoned to Senate Banking Committee – Crypto Regulation Showdown Looms
The corridors of power are buzzing as Ripple's CEO gets the congressional subpoena treatment. Washington's latest crypto theater kicks off with a heavyweight bout: blockchain innovation vs. regulatory muscle.
Why this matters now
With XRP's legal saga still fresh and regulators scrambling to keep up with crypto's end-run around traditional finance, this hearing could set the tone for the next decade of digital asset policy. Expect fireworks—and plenty of posturing from both sides.
The finance jab you came for
Nothing unites senators faster than the smell of an industry they don't understand but desperately want to tax. The real question isn't about consumer protection—it's about who gets to wet their beak first.