Ripple CEO Brad Garlinghouse is being considered for a position on President Donald Trump's U.S. Crypto Advisory Council, which will shape crypto policies and regulations. Under the Biden administration, crypto firms faced strict regulations, but Trump's push for innovation in digital assets aims to bring industry leaders into discussions. One of the council's challenges will be deciding whether cryptocurrencies should be classified as commodities or securities, impacting regulatory oversight. Garlinghouse's inclusion on the shortlist has led to speculation about Ripple's influence in shaping policy. Other notable crypto leaders are also being considered for council seats. Rumors suggest XRP may be included in a national reserve list, potentially positioning Ripple as a key player in the U.S. financial system.
Content Editor ( coinpedia.org )
- 2025-02-06
Ripple CEO Brad Garlinghouse Shortlisted for U.S. Crypto Advisory Council
