In a notable display of unity within the crypto industry, Cardano founder <b>Charles Hoskinson</b> has publicly praised <a href="https://www.cryptoknowmics.com/news/ripple-xrp-and-based-eggman-presale-the-most-anticipated-cryptos-to-explode/" target="_blank" rel="noopener"><b>Ripple</b></a> and other key players following a closed-door roundtable discussion with the Senate Banking Committee. The meeting, which took place in Washington, D.C., brought together prominent figures from the crypto space and lawmakers to discuss and refine the latest draft of U.S. crypto regulation. Hoskinson took to the social media platform X to commend Ripple and a16z for their effective representation of the industry's interests, highlighting the progress being made toward passing bipartisan legislation.
<h2>Progress Toward Regulatory Clarity</h2>
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The sentiment of optimism was echoed by Ripple President <b>Monica Long</b>, who noted that the regulatory environment is beginning to change. She referenced a series of legislative efforts, including the GENIUS Act, the Clarity Act, and the ongoing Responsible Financial Innovation Act (RFIA), as signs of this positive shift. Long expressed her gratitude to Senators <b>Tim Scott</b> and <b>Cynthia Lummis</b> for their leadership in this crucial dialogue. The roundtable, which also included representatives from major companies like Coinbase, Kraken, and Circle, focused on a market structure bill that aims to define the regulatory roles of federal agencies within the crypto market.
<h2>A Pivotal Period for Crypto Regulation</h2>
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While the bill requires 60 Senate votes to pass, indicating a long and complex process ahead, the industry remains hopeful. The collaborative efforts seen at the roundtable suggest that major players are committed to working with lawmakers to achieve a clear and fair regulatory framework. The article concludes that the period between 2025 and 2026 is expected to be a pivotal time for blockchain regulation in the U.S., with the potential for significant legislative breakthroughs that could shape the future of the entire industry.

Cardano Founder Praises Ripple After Senate Crypto Roundtable

Cardano's Charles Hoskinson praises Ripple after a Senate crypto roundtable, highlighting progress toward bipartisan regulatory clarity.

Cardano Founder Praises Ripple After Senate Crypto Roundtable

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