Ripple Chief Executive Officer Brad Garlinghouse said the United States has never been closer to establishing clear cryptocurrency regulations, pointing to growing alignment between the crypto sector, traditional finance, and regulators. According to the report cited by Techub News, Garlinghouse said leaders from crypto and traditional finance agreed at a Commodity Futures Trading Commission, or CFTC, meeting that outdated regulatory rules no longer fit the market.
Garlinghouse has for years called for a clear U.S. framework for digital asset oversight. His latest comments were presented as a sign that recent, frequent discussions between regulators, industry participants, and representatives from traditional finance have produced a shared view on the need to update existing rules. The remarks were attributed to Cointelegraph in the Techub summary.
Ripple CEO Brad Garlinghouse said the United States has never been this close to introducing clear cryptocurrency regulations, according to a Techub News summary citing Cointelegraph.
Garlinghouse said leaders from the crypto sector and traditional finance agreed at a Commodity Futures Trading Commission (CFTC) meeting that outdated regulatory rules are no longer suitable.
The executive has long called for a clear regulatory framework for digital assets in the U.S. His latest remarks reflect a broader consensus, formed through recent intensive talks between regulators, the industry, and traditional finance representatives, on the need to update the rules.
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