Ripple CEO Predicts Significant Progress in US Crypto Regulation Post-Elections
CryptoNewsTerminal Staff04 Jun, 2024
Ripple CEO Predicts Significant Progress in US Crypto Regulation Post-Elections
Ripple CEO Brad Garlinghouse believes that crypto regulation will become clearer post-November elections. In an interview with CNBC, Garlinghouse highlighted that meaningful progress is expected in the first half of next year. Despite Biden's softer approach, Garlinghouse believes significant regulatory developments will likely take until 2025. However, he expressed optimism about the recent bipartisan Financial Innovation and Technology Act (FIT21) passing through both the House and Senate, which classifies crypto as a commodity.