{"id":158837,"date":"2023-09-19T23:10:12","date_gmt":"2023-09-19T17:40:12","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=158837"},"modified":"2023-09-19T23:10:12","modified_gmt":"2023-09-19T17:40:12","slug":"ripple-xrp-ceo-set-to-meet-us-congressmen-over-crypto-bills-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ripple-xrp-ceo-set-to-meet-us-congressmen-over-crypto-bills-crypto-news\/","title":{"rendered":"Ripple XRP CEO Set To Meet US Congressmen Over Crypto Bills – Crypto News"},"content":{"rendered":"

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Over two months after grabbing a landmark win in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC), a full fledged team of top tier Ripple executives led by chief executive officer Brad Garlinghouse is visiting Washington D.C. to meet US Congress members over the proposed crypto bills.<\/p>\n

Also Read: Dogecoin Price Prediction: Are DOGE Bulls Ready To Shape The Trend To $0.1?<\/strong><\/a><\/p>\n

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On July 13, 2023, US judge Analisa Torres re-opened the gates for Ripple\u2019s business in the United States with her Summary Judgment ruling that the company did not violate<\/a> US securities law with the sale of XRP token on crypto exchanges. Currently, the US SEC is awaiting approval to appeal the ruling. However, a jury trial in the case could likely begin in the second quarter of 2024.<\/p>\n

Ripple Team In Washington D.C.<\/h2>\n

In the context of Ripple gaining a partial victory in the SEC lawsuit, CEO Garlinghouse to meet with members of the Congress to discuss the proposed crypto bills. The company\u2019s Chief Legal Officer Stuart Alderoty and Vice President, Global Head of Public Policy Rob Grant are among those visiting D.C. The Ripple CEO emphasized<\/a> on the need for direct deliberations with the lawmakers in the cause for gaining regulatory clarity. \u201cCan\u2019t get regulatory clarity without actually engaging with the elected officials who are proposing bills!,\u201d he said.<\/p>\n

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Following the summary judgment, the US House Republicans have revised the Financial Innovation and Technology for the 21st Century Act, CoinGape reported<\/a> in July 2023. Another important bill, the \u2018Clarity for Payment Stablecoins Act of 2023\u2019 is yet to gain enough support from the members of the US Congress.<\/p>\n

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Shift In Regional Priority?<\/h2>\n

The Ripple team\u2019s trip to D.C. marks a welcome development for the crypto ecosystem, as it could re-ignite the company\u2019s interests in the key economy. For context, prior to the Summary Judgment, the company\u2019s officials were barely engaged in US based clients and partners due to the ongoing SEC lawsuit. In a radical shift, the Judge\u2019s ruling paved way for re-engaging with players in the US ecosystem.<\/p>\n

Also Read: Binance CEO Opens Up On Ceffu Controversy<\/strong><\/a><\/p>\n

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Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1,200 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or twitter.com\/BitcoinReddy or linkedin.com\/in\/anveshreddybtc\/ <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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Over two months after grabbing a landmark win in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC), a full fledged team of top tier Ripple executives led by chief executive officer Brad Garlinghouse is visiting Washington D.C. to meet US Congress members over the proposed crypto bills. Also Read: Dogecoin Price Prediction: […]<\/p>\n","protected":false},"author":2,"featured_media":158838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-158837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/158837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=158837"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/158837\/revisions"}],"predecessor-version":[{"id":158840,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/158837\/revisions\/158840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/158838"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=158837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=158837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=158837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}