According to ChainCatcher, citing Fox Business, Ripple CEO Brad Garlinghouse stated in an interview with Mornings with Maria that the divisions and enforcement-style regulation among US regulators regarding crypto policies have created uncertainty for the industry. He noted that the SEC and CFTC are pushing for a new regulatory framework, and legislation such as the CLARITY Act being discussed in Congress is expected to establish clearer rules for crypto assets.
Garlinghouse warned against a repeat of the regulatory environment under former SEC Chairman Gary Gensler, and emphasized that Ripple's business is still growing amidst current market volatility, calling for clear, predictable regulation to replace politicized and selective enforcement.
