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US nears clear crypto rules after Ripple CEO joins key regulatory talks in Washington.

Market News
23 Aug 2026
Crypto news
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Neutral
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Ripple CEO Brad Garlinghouse said the US is "closer than ever" to clear cryptocurrency regulations after attending the Commodity Futures Trading Commission's Innovation Advisory Committee meeting. The committee, which includes leaders from finance and crypto, agrees that existing financial rules are outdated for digital assets. While the SEC and CFTC issued guidance categorizing tokens, no binding federal law exists yet. The Digital Asset Market Clarity Act faces a critical Senate vote on September 15, requiring 60 votes to advance, but its passage remains uncertain. Meanwhile, Ripple's legal battle with the SEC ended with a $125 million penalty and injunction, leaving regulatory clarity incomplete.

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