Can the U.S. Become Crypto Capital? Ripple CEO Responds
TLDR
- Ripple CEO Brad Garlinghouse said the U.S. can still become the global center of the crypto industry.
- Garlinghouse made the comments after attending an Aug. 19 White House meeting with major crypto and financial leaders.
- The meeting included executives from Coinbase, Robinhood, Kraken, Nasdaq, Gemini, Chainlink and other firms.
- SEC Chairman Paul Atkins and CFTC Chairman Michael Selig also joined the White House gathering.
- The Trump administration continues to promote its goal of making the U.S. the “crypto capital of the world.”
Ripple CEO Brad Garlinghouse has renewed support for efforts to make the United States a global center for cryptocurrency. His comments followed a White House gathering that brought officials and industry leaders together to discuss policy direction.
Garlinghouse said the goal remains achievable despite uncertainty around crypto legislation. He wrote on X that making America the “crypto capital of the world” is within reach and called for policymakers to complete the work.
Ripple CEO Backs White House Crypto Push
The Aug. 19 White House meeting included executives from Ripple, Coinbase, Robinhood, Kraken, Nasdaq, ICE, Gemini and Chainlink. SEC Chairman Paul Atkins and CFTC Chairman Michael Selig also attended.
The administration used the meeting to restate support for keeping crypto and financial innovation in the United States. President Donald Trump said the gathering brought together leaders from finance, technology and digital assets before the first meeting of the CFTC’s Innovation Advisory Committee.
CFTC Chairman Supports U.S. Innovation Agenda
CFTC Chairman Michael Selig thanked Trump for hosting the event and said the administration wants financial innovation built in the United States. His remarks supported the White House goal of expanding domestic crypto activity.
Garlinghouse responded to Selig’s message by saying he was proud to attend the meeting. The Ripple CEO has supported clearer U.S. crypto rules and argued that regulatory certainty can help companies build and operate in the country.
CLARITY Act Faces Tight Congressional Schedule
Attention is turning to the CLARITY Act, a crypto market structure bill discussed during the White House meeting. The Senate is expected to hold an initial vote on Sept. 15, placing the legislation on a narrow schedule.
The House will remain in session for only four days after that vote. This gives lawmakers limited time to review and pass any Senate changes before leaving Washington.
Bill Could Move Into Lame Duck Session
Crypto policy analysts have warned that the CLARITY Act may not clear Congress before the midterm elections. If lawmakers fail to complete work in September, the bill could move into the post-election lame duck session.
For Ripple CEO Garlinghouse, the policy debate remains central to the U.S. crypto agenda. The White House continues to present digital asset leadership as a policy goal, while Congress faces pressure to complete market structure legislation before the year ends.
The post Can the U.S. Become Crypto Capital? Ripple CEO Responds appeared first on Blockonomi.
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