Ripple CEO reveals US Senator Lummis suddenly cancels scheduled meeting with them

According to CryptoSlate, Brad Garlinghouse, CEO of Ripple, revealed on social media that Cynthia Lummis, Chair of the US Senate Digital Assets Subcommittee, has suddenly cancelled the scheduled meeting without proposing a rescheduling. This Wyoming senator, known for his support of cryptocurrency, had previously pushed for the Bitcoin Strategic Reserve Act, but has recently been questioned by the community for having a vested interest. Garlinghouse stated that he is pushing for stablecoin and market structure regulation legislation in Washington, and has invited Lummis to explore through online or public dialogue; Make the United States the center of the cryptocurrency industry&34; The goal. The crypto community has noticed that Will Cole, the son-in-law of Lummis, works for the Bitcoin payment company Zaprite and his family has financial connections with a16z Ventures. Bitcoin supporters accuse Garlinghouse of losing credibility by promoting a central bank digital currency (CBDC). The cancellation of this meeting has sparked discussions about the bias of US encryption policies. The Lummis office has not yet responded to the related questions, while the lawsuit between Ripple and the SEC regarding the XRP security attributes is still ongoing.