{"content":"Ripple CEO to Highlight Urgent Need for Crypto Regulation Ahead of Crypto Week Ripple CEO Brad Garlinghouse will testify before the Senate Banking Committee on Wednesday. Garlinghouse will stress the need of crypto market structure laws. The move precedes the House's July 14 Crypto Week. Ripple CEO Brad Garlinghouse revealed on Monday that he would ask the Senate Banking Committee to enact crypto market structure legislation before the House's Crypto Week next week. The news didn't affect XRP's 0.7% 24-hour drop. Wednesday's Committee meeting will explore the future of the digital asset market. Ripple CEO Brad Garlinghouse, Blockchain Association CEO Summer Mersinger, Chainalysis CEO Jonathan Levin, and Paradigm General Partner Dan Robinson will attend the hearing, titled 'From Wall Street to Web3: Building Tomorrow's Digital Asset Markets. "Constructive crypto market structure legislation in the US is imperative in bringing about a new era of innovation and financial opportunity, while protecting consumers," Garlinghouse said. Garlinghouse's testimony comes as the crypto sector prepares for 'Crypto Week,' a phrase popularized by House Financial Committee Chair Rep. French Hill and other House lawmakers. The week of July 14 will see MPs debate three crypto-related proposals. These include the GENIUS stablecoin, CLARITY market structure, and Anti-CBDC Surveillance State bills. Garlinghouse will discuss the CLARITY law, which regulates the whole crypto market and answers long-standing doubts about crypto assets. It will also clarify the SEC and CFTC's regulatory authority. Ripple, which has sought to end a nearly five-year SEC legal dispute, may profit from House action. Following the inauguration of new SEC Chair Paul Atkins, all parties submitted a combined request to terminate the matter and decrease Ripple's $125 million civil penalty from Judge Analisa Torres' order at the US District Court for the Southern District of New York. #xrp #Xrp🔥🔥 #TrumpTariffs #TrumpVsMusk $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/08/015561777e214d94a405c2c3a85bb77e.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}