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Home»Regulation»The CEO of Ripple sees high chances of the implementation of the regulatory framework for constructive cryptography
Regulation

The CEO of Ripple sees high chances of the implementation of the regulatory framework for constructive cryptography

February 17, 2025No Comments3 Mins Read
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Ripple’s chief executive officer, Brad Garlinghouse, published a tweet on a “day full of action” on Washington DC, assistant at the meetings of the American legislators and discussing the potential rules of clear rules on Thursday to regulate the assets of Crypto -Minnaies in the United States in the United States in the near future.

Garlinghouse on US Crypto Regulatory Framework Perspect

To judge by his tweet, Garlinghouse is satisfied with the results of these meetings and feels very optimistic about the future of cryptographic regulations in the United States.

In his tweet, the boss of Ripple shared that he is now expecting that there is (finally) an incredible opportunity to advance significant bipartite legislation which establishes clear, constructive and pro-innovations regulatory frameworks for The crypto. Garlinghouse has provided no details on the particular meeting he attended.

Having moved away yesterday from a day full of action at DC with the feeling that there is (finally) an incredible opportunity to advance significant bipartite legislation which establishes clear, constructive and pro-innovations regulatory frameworks for the Crypto.

Thanks to these … pic.twitter.com/lf6v536udg

– Brad Garlinghouse (@bgarlinghouse) February 13, 2025

Garlinghouse also thanked Senator Tim Scott, the representative Ritchie Torres and others, suggesting that in the discussions on the future regulations of Crypto Claire, the democratic and republican parties are involved.

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430,800,000 xrp in motion, ripple involved

Meanwhile, Ripple was spotted by moving a massive quantity of XRP – several hundred million XRP in a single transfer. The prominent blockchain tracker’s whale alert provided the data.

The follow-up platform has also revealed two XRP transactions involving anonymous portfolios. In total, 430,800,000 XRPs were moved. Ripple has shoved the largest coat of crypto here – 300,000,000 XRP.

The other two transactions contained 90,000,000 XRP and 40,832 614 XRP.

The data shared by the explorer focused on Bithump XRP revealed that the 300 million XRPs were transferred to an anonymous portfolio, however, that the portfolio was also linked to the ripple giant. This XRP amount was estimated at $ 778,731,954.

In total, 90,000,000 XRP were transferred from one anonymous portfolio to another, while an unknown cryptographic whale withdrew 40,832,614 XRP from the Coincheck platform. A total of 430.8 million XRP equipped $ 1.112.9 billion in Fiat.

XRP price peaks

In the past 24 hours, the price of the third largest cryptocurrency, XRP, has shown an increase of 8.56%, going from $ 2,5,650 and affecting the level of $ 2,7,766,06,2,7766. Currently, the price has returned to $ 2,74107.

XRP followed the global flagship cryptocurrency, Bitcoin, while Brandand, BTC de Satoshi, jumped 1.8% – from $ 95,000 to $ 97,040, adding $ 2,000 in 14 hours. An important trigger for the overvoltage of XRP prices was the dry recognizing the ETF XRP deposit.





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