White House Crypto Summit Highlights Pro-Innovation Stance on Domestic Businesses
Ripple CEO Brad Garlinghouse attended the White House crypto summit alongside administration officials and major industry leaders. Garlinghouse did not deliver a speech, but the event highlighted the government's pro-innovation stance on domestic crypto businesses.
The Commodity Futures Trading Commission (CFTC) Chair Michael Selig emphasized that innovators like those in attendance are welcome at the White House, not targeted by enforcement actions. He also noted that the era of 'political lawfare' is over and the US is building a new frontier in finance.
Others who spoke included Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev, and Kraken CEO Arjun Sethi. They discussed various topics such as the upcoming Clarity Act vote on September 15 and the democratizing power of tokenized assets.