Ripple Says ‘We Are So Close’ as Senate Weighs Crypto Market Structure Framework

TL;DR:

Ripple CEO Brad Garlinghouse urged sustained, constructive engagement with Washington as crypto market structure talks stall, arguing the industry is close to regulatory clarity and should keep pushing lawmakers toward workable rules for U. S.

Key Points:

Background:

Cryptocurrency regulation involves government oversight and legal frameworks designed to govern digital asset markets. Regulatory developments from agencies like the SEC, CFTC, and international bodies shape how cryptocurrencies can be traded, used, and integrated into traditional finance systems.

Why It Matters:

Regulatory clarity is crucial for mainstream adoption and institutional investment in cryptocurrencies. New regulations can significantly impact market dynamics, determine which projects can operate legally, and influence the future direction of the entire crypto industry.