Ripple CEO appears at White House crypto summit as XRP sees no breakout

Ripple CEO Brad Garlinghouse attended the White House crypto summit alongside administration officials, senior regulators and other industry executives, but did not speak and received only a brief mention. XRP therefore saw no immediate breakout. Commodity Futures Trading Commission (CFTC), the U.S. derivatives regulator, Chair Michael Selig said the era of political lawfare, debanking and regulation by enforcement was over, while Securities and Exchange Commission (SEC), the U.S. securities regulator, Chair Paul Atkins promoted a proposed crypto assets rule aimed at giving digital-asset entrepreneurs and job creators greater certainty to raise capital in the United States. Coinbase CEO Brian Armstrong highlighted the Sept. 15 Senate procedural vote on the Clarity Act and said passage could preserve the administration's progress for decades. Robinhood CEO Vlad Tenev emphasized the democratizing potential of tokenized assets, while Kraken CEO Arjun Sethi said the industry seeks to give Americans the ability to succeed and described Kraken's motto as: fix money, we fix the world.

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