Ripple CEO says CFTC Innovation Advisory Committee reached consensus at first meeting, arguing old-era rules need reshaping
- Ripple CEO Brad Garlinghouse said on X that Washington was not quiet during the August recess, citing the Commodity Futures Trading Commission’s first Innovation Advisory Committee meeting.
- He described the meeting as having a strong crypto-industry lineup, while also including representatives from Nasdaq, CME Group, Cboe, OCC, the New York Stock Exchange, and the Depository Trust & Clearing Corporation.
- Garlinghouse said participants agreed that rules designed for a past era no longer fit current needs and do not adequately support consumer protection, business growth, or financial innovation.
- He said he had already called for a clear U.S. crypto regulatory framework in a 2019 letter to Congress, but the industry is still waiting for clearer rules.
- He said the United States may be closer than ever to establishing a clear crypto regulatory system, given support from the Trump administration, CFTC Chairman Selig, other appointees, and reform-minded lawmakers.
Ripple CEO Brad Garlinghouse said the CFTC’s first Innovation Advisory Committee meeting signaled active engagement on crypto policy during the August recess. He said the discussion brought together both crypto participants and major traditional market institutions, underscoring growing interaction between the two sectors.
According to Garlinghouse, the group’s shared view was that regulatory rules built for an earlier era are no longer sufficient for today’s market structure. He said those rules do not fully serve consumer protection, business development, or financial innovation.
Garlinghouse also said he has been pressing for a clear U.S. crypto regulatory framework for years, including in a 2019 letter to Congress. He argued that the industry is still waiting for definitive rules.
The report suggested the meeting may be an important sign of closer communication between U.S. regulators, crypto firms, and traditional financial institutions. For markets, clearer regulation could be supportive for crypto assets and related listed companies, while the broader impact on stocks, gold, and foreign exchange would depend on the details of any future policy changes.
Ripple CEO称CFTC创新咨询委员会首次会议已达成共识，旧时代规则亟需重塑
Ripple CEO Brad Garlinghouse表示，CFTC创新咨询委员会的首次会议说明，即便在8月休会期，美国围绕加密政策的讨论仍在推进。他称，会议同时汇集了加密行业参与者和大型传统市场机构，显示两类市场的互动正在加深。
Garlinghouse表示，与会者的共同看法是，按过去时代制定的监管规则已无法适应当下的市场结构。他认为，这些规则并不能充分支持消费者保护、业务发展和金融创新。
他还表示，自己多年来一直呼吁美国建立清晰的加密监管框架，包括2019年致信国会提出相关诉求，但行业至今仍在等待明确规则。
报道认为，这次会议可能是美国监管机构、加密公司与传统金融机构加强沟通的一个重要信号。对市场而言，更清晰的监管环境可能对加密资产及相关上市公司构成利好；至于股票、黄金和外汇市场的更广泛影响，则取决于后续政策细节。