Ripple CEO Urges Senate to Back Crypto Bill
According to Cointelegraph, Garlinghouse said the bill is not simply a compromise between competing positions. He urged senators to treat it as a deal that deserves their backing and said the Senate should vote yes.
Garlinghouse Calls for Senate Vote
Garlinghouse's comments place Ripple's chief executive among industry figures publicly weighing in on U.S. cryptocurrency legislation.
In the remarks cited by Cointelegraph, Garlinghouse directly addressed senators and argued that the time had come to approve the bill. His message focused on the legislation itself rather than a specific cryptocurrency or blockchain project.
The statement did not provide additional details about the provisions contained in the bill, the senators involved in negotiations or the expected timing of a vote.
Crypto Legislation Draws Industry Attention
The comments come as proposed cryptocurrency legislation remains a subject of discussion between U.S. lawmakers and the digital-asset industry. Regulatory clarity has been a central issue for companies operating in the sector, although Garlinghouse's statement, as reported by Cointelegraph, did not specify which provisions he considered particularly important.
Garlinghouse has previously been a prominent corporate voice on U.S. crypto policy through his leadership of Ripple. His latest remarks reflect a direct appeal to lawmakers to move forward with the legislation rather than continue treating it solely as a negotiated compromise.
The distinction is important to the message. Garlinghouse did not characterize the measure merely as an agreement reached between opposing sides. Instead, he described it as a deal that senators should support.
Senate Vote Remains the Next Step
Garlinghouse's call is ultimately directed toward the Senate, where lawmakers will determine whether to vote on the legislation. The source material does not state when that vote will occur or whether the bill has secured enough support to pass.
For now, the specific position communicated by Garlinghouse is clear: he believes senators should back the measure and said the current moment is the time for a yes vote.
The remarks reported by Cointelegraph leave the next key development tied to the Senate's handling of the bill and whether lawmakers move to a vote.
writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
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