#Ripple CEO: Most Pro-Crypto Congress Ever#

Ripple CEO Brad Garlinghouse recently stated that the U.S. Congress has become "the most pro-crypto Congress in history." He believes that the 119th Congress has a more positive attitude towards cryptocurrencies than ever before. While there is no concrete evidence yet on what pro-crypto policies Congress will enact, Garlinghouse's remarks suggest that Ripple is optimistic about the future of congressional regulation of the crypto industry. This may be related to the recent positive attitude of the U.S. Congress towards crypto regulation. For example, Sherrod Brown, chairman of the U.S. Senate Banking Committee, recently stated that he will prioritize developing a regulatory framework for cryptocurrencies. Additionally, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), has said that the SEC will continue to regulate the crypto industry but will do so in a "pragmatic" manner. Garlinghouse's remarks also reflect the optimistic sentiment of the crypto industry about its future prospects. They hope that Congress will enact policies that are beneficial to the industry's development and provide a clearer regulatory framework for the crypto industry.