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Ripple CEO calls for clear cryptocurrency legislation
Ripple, a leader in the crypto industry, through its CEO Brad Garlinghouse, issues an important call to the community and regulators. Instead of endless waiting for perfect legislation, it is time to act and establish clear rules for the development of the crypto market.
Why Legal Clarity Is More Important Than Perfect Laws
Ripple’s CEO rightly points out the historical experience: no regulatory system has been able to satisfy all market participants. However, this is not a reason to delay decision-making. Legal uncertainty creates far greater problems for innovative development than imperfect but clear legislation.
When companies and developers do not know what rules will be in place tomorrow, they cannot plan strategies, attract investments, or develop new products. This uncertainty leads to the outflow of talent and capital to jurisdictions with a more understandable regulatory framework.
Clear Regulation as a Driver of Crypto Innovation
Brad Garlinghouse emphasizes that legal certainty should become the number one priority. Clear rules of the game allow crypto projects, including Ripple, to develop with a long-term perspective rather than just surviving in legal uncertainty.
History shows that industries with clear regulation grow the fastest. The crypto ecosystem needs stability in the regulatory framework to stabilize and strengthen crypto innovations on a global level. The CEO of Ripple’s position reflects the consensus of the responsible part of the industry: better clear rules than constant legal chaos.