The post Ripple CEO confirms he’ll testify before Senate Banking Committee appeared on BitcoinEthereumNews.com.

Ripple chief executive officer Brad Garlinghouse has confirmed he will testify before the U.S. Senate Banking Committee on Wednesday, July 9, 2025. The Senate Banking Committee will hold its crypto market structure hearing on July 9 and Ripple CEO Brad Garlinghouse says he’s “honored to be invited.” Garlinghouse will testify alongside other top industry figures, with his appearance coming amid notable developments in the U.S. regulatory landscape. The hearing will involve the Banking Committee’s Subcommittee for Digital Assets. “I am honored to be invited to testify in front of the Senate Banking Committee this Wednesday on the need for passing crypto market structure legislation,” the Ripple CEO noted. “Constructive crypto market structure legislation in the US is imperative in bringing about a new era of innovation and financial opportunity, while protecting consumers.” Ripple and the U.S. regulatory market Garlinghouse’s testimony comes as Ripple, the company behind the XRP (XRP) cryptocurrency, RLUSD stablecoin, and the XRP Ledger, looks to move on from a long-standing legal battle that saw a U.S. judge declare XRP not a security. Ripple Labs also recently withdrew its appeal of the court’s permanent injunction on institutional XRP sales. The court had previously denied the company’s motion for an indicative ruling, filed jointly with the U.S. Securities and Exchange Commission. While this accounts for some of the most recent regulatory related hurdles for Ripple, the company has interacted with U.S. regulators since 2013.   In addition to the SEC, Ripple has had legal and regulatory interactions with the Commodity Futures Trading Commission, the Financial Crimes Enforcement Network, and the Financial Stability Oversight Council. The SEC sued Ripple and its top executives in December 2020, a lawsuit that dragged on for nearly five years. Garlinghouse’s role at Ripple and across the broader digital assets ecosystem makes him a key industry…

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Filed under: News - @ July 8, 2025 2:20 am