Ripple CEO Brad Garlinghouse is optimistic about the future of the cryptocurrency industry following the inauguration of the 119th United States Congress. He believes that this Congress, which has over 200 pro-crypto advocates, will create a more favorable regulatory environment for the industry. The crypto industry actively supported congressional candidates in the recent election and succeeded in getting many pro-crypto lawmakers elected. It is expected that the Congress will address important matters related to cryptocurrencies in the coming months. Representative French Hill, a pro-crypto advocate, has already appointed a policy director for the House Financial Service Committee, indicating a focus on crypto regulation. Overall, stakeholders are hopeful that the pro-crypto lawmakers will implement policies that support the growth of the cryptocurrency industry.



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