Ripple CEO Brad Garlinghouse expresses optimism about ongoing progress on crypto regulation following his recent engagement with policymakers in Washington, D.C.
Garlinghouse took to X on Thursday to disclose his recent engagement with top U.S. policymakers. He suggested that there is real momentum toward providing the crypto industry with much-needed regulatory clarity.
Notably, he acknowledges the bipartisan cooperation, with Democrats and Republicans working to establish a pro-innovation crypto framework.
Attendees of the Meeting
In his latest push, Garlinghouse met with key policymakers, including the U.S. Senate Banking Committee Chairman, Senator Tim Scott, and Rep. Ritchie Torres.
Some meeting attendees include Rep. William Timmons, Rep. Bill Huizenga, Rep. Bryan Steil, Rep. Zach Nunn, and Rep. French Hill.
Ripple’s CEO also shared pictures of him with these policymakers, confirming the meeting. Per the pictures, Ripple CLO Stuart Alderoty was also in attendance.
Walked away from an action-packed day in DC yesterday with the feeling that there is (finally) an incredible opportunity to advance meaningful bipartisan legislation that establishes clear, constructive and pro-innovation regulatory frameworks for crypto.
Thank you to these… pic.twitter.com/LF6V536udg
— Brad Garlinghouse (@bgarlinghouse) February 13, 2025
Aside from Ripple execs, whether other crypto stakeholders attended the meeting remains unclear.
Crypto Regulation in the US
Notably, the United States has struggled with a lack of clear regulations for crypto, creating regulatory uncertainty for businesses in the industry, including Ripple. This situation worsened during the previous administration, which saw the SEC regulate the industry through enforcement.
Despite the past administration’s aggressive stance toward the industry, Ripple execs have been pushing for regulatory clarity through meetings with policymakers on different occasions.
However, after Donald Trump’s reelection, things began to look promising for the industry. Notably, President Trump has declared his unwavering support for crypto. He has taken major steps toward providing transparent and fair rules for the industry. This includes appointing pro-crypto advocates into top positions like Treasury, SEC, and CFTC.
In addition, Trump created a working committee for digital assets to provide a federal regulatory framework for the industry. This group will also advise the president on whether to create a national digital asset reserve.
As previously reported, Garlinghouse met with Trump to push for a reserve that will feature multiple cryptocurrencies rather than one centered around only Bitcoin (BTC).
Under Trump’s leadership, Garlinghouse is confident that the U.S. crypto space will finally receive the highly anticipated regulatory clarity. His latest engagement with policymakers indicates that legislative progress toward crypto regulation may finally be on the horizon.
