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Ripple CEO: US Is Finally Unlocked
In a recent statement, Brad Garlinghouse, the CEO of Ripple, expressed optimism regarding the current regulatory landscape in the United States. He believes that the country is finally “unlocked” and ready to catch up with other markets around the world.
Garlinghouse emphasized the importance of regulatory clarity, stating that it will foster more innovation, job creation, and capital formation within the US. He also mentioned that he does not agree with the SEC’s stance on XRP, highlighting that a federal judge recognized XRP as a non-security in 2023.
The Ripple CEO also touched upon the pending stablecoin bill, which is expected to be voted on within the next four to eight weeks. Earlier this month, he stated that the U.S. was about to pass its own stablecoin policy, following Japan, the UAE, and Singapore’s proactive approaches to regulating cryptocurrencies.
As a result of these developments, Garlinghouse believes that the US is now poised to be an attractive destination for cryptocurrency businesses and investors alike. He expressed his confidence in Ripple’s future prospects, stating that the company is well-positioned to take advantage of this newfound regulatory clarity.
The CEO’s comments are consistent with his previous statements urging the U.S. government to adopt more favorable regulations, which would put America on par with other major economies. It remains to be seen how these developments will play out, but one thing is certain: the cryptocurrency space is holding its breath as regulatory clarity and market growth await.
Source: https://u.today/ripple-ceo-us-is-finally-unlocked
