XRP News: Ripple CEO Turns More Bullish on US Crypto Regulation After CFTC Meeting

Key Insights:

• XRP news shifts to Washington as Garlinghouse says crypto rules are closer.
• CFTC talks brought crypto and TradFi leaders into the same policy debate.
• CLARITY Act faces a 60-vote Senate test before any final passage.

XRP news centered on Washington this week after Ripple CEO Brad Garlinghouse said the United States is “closer than ever” to clearer crypto rules. His comments followed a White House crypto meeting and the CFTC’s inaugural Innovation Advisory Committee meeting.

However, his statement showed industry sentiment, not a complete change in law. Congress has not passed the comprehensive market structure bill sought by Ripple and other crypto firms.

XRP News Focus Shifts to Washington Talks

Brad Garlinghouse spoke after joining the CFTC meeting on Aug. 20. He said participants agreed that existing financial rules no longer fit digital assets. The meeting included crypto executives, market operators, and traditional finance leaders.

“Rules written for a different era aren’t good enough,” Garlinghouse wrote on X. He said those rules fall short for consumers, businesses, and innovation. His comments echoed Ripple’s long-running push for clearer federal oversight.

In addition to the XRP news, the CFTC appointed Garlinghouse to the Innovation Advisory Committee in February. Other members include Coinbase CEO Brian Armstrong and Uniswap Labs CEO Hayden Adams. The committee also includes leaders from CME Group, Nasdaq, and Cboe Global Markets.