Ripple CEO urges US crypto clarity, highlights 75 global licenses

A recent post by crypto commentator X Finance Bull has spotlighted remarks from Ripple CEO Brad Garlinghouse regarding cryptocurrency regulation, the company’s ongoing legal engagement with the US Securities and Exchange Commission (SEC), and support for the CLARITY Act.

Ripple’s approach to regulation

During an address at the third annual Wyoming Blockchain Symposium, Garlinghouse rejected the notion that the cryptocurrency sector opposes regulatory oversight. He stated the industry’s reputation for avoiding regulation contradicts its actual efforts to achieve a consistent regulatory framework.

Garlinghouse cited Ripple’s significant global progress, noting the company has secured 75 licenses worldwide. He emphasized that Ripple prefers to work within established regulatory environments, rather than seek ways around them.

Ripple does not seek to avoid oversight, but instead, pushes for transparent regulatory guidelines to foster growth within the industry. This outlook is evident in its global licensing footprint and ongoing outreach to lawmakers.

X Finance Bull underlined this position, linking Ripple’s strategy to a broader push across the United States for clearer rules governing the cryptocurrency industry.