US Welcomes
Pro-Crypto Congress, Boosting
Industry Sentiment
Ripple CEO Brad Garlinghouse has highlighted the 119th US Congress as a
landmark moment for cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, calling it the most pro-crypto legislative
body in American history.
This optimism reflects a growing belief within the industry that significant
regulatory progress may be on the horizon for the emerging industry.
Pro-Crypto Congress Sparks Optimism for Blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн Innovation
On January 3, Garlinghouse shared his enthusiasm about the fresh congressional
term, emphasizing the energy surrounding this pivotal shift. His remarks echo
the sentiment of a burgeoning pro-crypto movement fueled by recent electoral
victories.
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Today, here in the US, we welcomed the 119th Congress — better known as
the most pro-crypto Congress in history. The journey is just beginning, but
you can’t deny the energy & excitement already building across the
industry. Let’s get to work, Garlinghouse stated .
The cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта advocacy group Stand With Crypto has also expressed
optimism, celebrating the election of 298 pro-crypto lawmakers from both
political parties. This diverse coalition includes first-time representatives
and seasoned policymakers committed to advancing blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн innovation.
SWC welcomes the 119th Congress: The most Pro-Crypto Congress in
History. We look forward to a productive year with the 298 pro-crypto
legislators sworn in today. The future is bright!, Stand With Crypto
wrote on X.
The rise of pro-crypto legislators is partly due to the substantial industry
support. During the election cycle, political Action Committees (PACs) like
Fairshake raised over $200 million to back candidates advocating for
innovation-friendly policies. Key contributors included Coinbase, Ripple, and
Jump Crypto, alongside prominent investors such as Andreessen Horowitz .
This unprecedented alignment between the crypto industry and policymakers has
sparked optimism for regulatory clarity.
Many industry stakeholders believe the new Congress could advance critical
initiatives like the Financial Innovation and Technology for the 21st Century
Act (FIT21) . There is also hope for support of Senator Cynthia Lummis s
proposal to establish a Strategic Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Reserve.
Additionally, the crypto community anticipates that this Congress will
challenge overreaching policies from regulators like the Securities and
Exchange Commission• Экономика » Финансы » Финансовое регулирование » Органы финансового регулирования » Комиссия по ценным бумагам и биржам США
• Объект организация » Организации по алфавиту » Организации на Ко » Комиссия по ценным бумагам и биржам США (SEC• Экономика » Финансы » Финансовое регулирование » Органы финансового регулирования » Комиссия по ценным бумагам и биржам США
• Объект организация » Организации по алфавиту » Организации на Ко » Комиссия по ценным бумагам и биржам США) , whose actions have previously stifled innovation.
Already, several crypto companies , including Coinbase and the Blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
Association, have expressed readiness to collaborate with lawmakers to craft
balanced frameworks.
The widespread support for pro-crypto lawmakers signals a turning point in the
push for clear and supportive regulations, paving the way for the United
States to solidify its position as a global leader in blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн and
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта innovation.
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