US Government Pledges Support for Domestic Crypto Innovation at White House Summit

Ripple CEO Brad Garlinghouse attended the White House crypto summit alongside regulators and industry leaders. The event highlighted the US government's support for domestic crypto innovation.

Key officials emphasized a pro-innovation stance, with CFTC chair declaring an end to aggressive regulation and SEC chair introducing new crypto asset rules to provide clarity for entrepreneurs.

The event also featured calls for legislative support to sustain crypto progress, signaling a positive outlook for the US crypto industry. XRP's price remained stable following the summit as no direct announcements were made regarding Ripple.