Ripple CEO’s First Senate Testimony on Crypto Laws

Ripple CEO Brad Garlinghouse is set to testify for the first time before the U.S. Senate Banking Committee on July 9, 2025, alongside industry leaders and policy advocates, to discuss major crypto regulation proposals. The hearing will focus on the GENIUS Act, which targets stablecoin regulation, and the CLARITY Act, which seeks to define the SEC's and CFTC's roles in overseeing digital assets. Lawmakers and industry representatives emphasize the need for bipartisan, clear regulation to sustain U.S. financial innovation and investor protection. Congress is considering sweeping reforms to the digital asset regulatory framework, with passage of key bills possible by October. Market observers suggest that decisive legislative action could enhance confidence and investment in assets like XRP. The hearing outcome may influence whether the U.S. retains its global leadership in the digital economy.