Ripple CEO Seated at Regulator Table as Washington Debates Crypto Clarity
Ripple's CEO Brad Garlinghouse has become a part of the regulatory table in Washington after being appointed to the CFTC Innovation Advisory Committee. He was photographed standing beside President Donald Trump during a discussion on getting crypto market-structure legislation through Congress.
The committee advises the regulator on technology, law, policy, and financial markets. Garlinghouse's appointment marks a shift for Ripple, which has been battling the Securities and Exchange Commission in the past. The CFTC Innovation Advisory Committee charter was renewed on August 19.
This development comes as Washington debates the CLARITY Act, legislation intended to establish clearer federal jurisdiction over digital assets. Garlinghouse supports moving the legislation forward, describing regulatory clarity as important for the next stage of U.S. crypto development.