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Latest Crypto News – Ripple’s CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread that he’s “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the cryptocurrency industry in 2023.

Garlinghouse expressed hope that 2023 will mark the year the United States finally achieved its goal of world peace S added that there has been regulatory clarity for cryptocurrencies and that regulatory support  is “bipartisan and bicameral.” Garlinghouse said the US does not start with a “blank board” for regulation, citing bills such as the Securities Transparency Act, the Responsible Financial Innovation Act and the Clarity for Digital Tokens Act as examples. According to Ripple’s CEO, “stakes couldn’t be higher”.

He added that “there is no bill that is perfect, and there will probably never be one that will satisfy everyone,” and that attempts to pursue a perfect bill should not hinder Congress’ progress in  crypto regulation and legislation. Garlinghouse said the US lags behind Singapore, the European Union, Brazil and Japan when it comes to cryptocurrency laws and regulations.

 

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