Ripple CEO Brad Garlinghouse on US Cryptocurrency Market Structure Bill: Progress Despite Imperfections

2026-01-17 21:20:21

Source: CryptoNewsNet Original Title: Ripple (XRP) CEO Brad Garlinghouse Makes Critical Comments on US Cryptocurrency Legislation Original Link: https://cryptonews.net/news/legal/32294020/ Ripple CEO Brad Garlinghouse assessed the cryptocurrency market structure bill being discussed before the US Senate Banking Committee, arguing that regulatory clarity is vital for the industry.

Garlinghouse stated, “Is it perfect? No, absolutely not. But is it better than nothing? Absolutely,” adding that despite its shortcomings, the bill represented progress.

According to Garlinghouse, the crypto sector has long faced uncertainty, and clear rules are always better than chaos. Based on his experience, while the market structure bill on the Banking Committee’s agenda is far from ideal, it offers room for improvement, and constructive cooperation with Washington should continue. He noted that the text currently before the committee can be iterated upon to create better regulation, and there should be no backtracking at this point. “We are very close,” he added, indicating that the process is at a critical stage.

A long-awaited bill aimed at creating a comprehensive regulatory framework for crypto assets, scheduled for Thursday, was postponed at the last minute. The postponement came just hours after a major compliance platform announced it would not support the bill, increasing uncertainty about its future.

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