Ripple CEO Brad Garlinghouse has declared that the company will not back any legislation that could jeopardize the legal clarity XRP has achieved in the United States. This stance follows a federal court ruling that determined XRP is not a security, marking a significant victory for Ripple after prolonged legal challenges. Garlinghouse stressed the importance of clear regulatory frameworks for the entire cryptocurrency industry.
Ripple is committed to transparency, openly sharing its XRP holdings and on-chain activities, setting itself apart from other projects that maintain secrecy. The company, along with other major crypto firms, is actively participating in discussions on crypto regulation, including a recent Senate Banking Committee roundtable.
Ripple CEO Opposes Legislation Threatening XRP's Legal Status
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