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Ripple’s CEO was snuff by a crypto-friendly senator. Garinghouse said he was “confused”.

jingji53 by jingji53
06/05/2025
blank

The correct word should be “snubbed” instead of “snuffed”. The sentence should be “Ripple’s CEO was snubbed by a crypto – friendly senator. Garinghouse said he was ‘confused’.” Here is the rewritten news article:

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Ripple CEO Snubbed by Crypto – Friendly Senator, Expresses Confusion

Recently, an incident has drawn attention in the crypto world. Brad Garlinghouse, the CEO of Ripple, was snubbed by Senator Cynthia Lummis, who is known for being crypto – friendly.

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Garlinghouse went to Washington, D.C. to lobby for the pending Genius Act on stablecoins and broader market – structure reform. He had expected to meet with Senator Lummis, but her staff cancelled the meeting and declined to offer a new date. Garlinghouse took to social media to express his confusion and disappointment. He said he hoped the senator would reconsider and be a leader for the entire crypto industry. He also invited her to have a public dialogue anytime, either in an X space or on stage at an upcoming industry conference, to discuss how to make the US the crypto capital of the world.

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This incident has sparked speculation within the crypto community. Some believe that Lummis may have declined the meeting due to Garlinghouse’s support for central bank digital currencies (CBDCs), which many bitcoin advocates oppose. Others point out Lummis’ financial ties to certain venture firms and her family’s deep bitcoin connections, raising concerns about a possible personal conflict of interest.

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Senator Lummis has not commented publicly on the cancellation. Her office has only confirmed that she is concentrating this week on floor action related to the stable – coin bill, which cleared a procedural vote in the Senate on Tuesday morning and will now face a lengthy amendment process.

The snubbing of Ripple’s CEO by the senator highlights the growing divide in the US crypto policy arena. While Garlinghouse advocates for a multichain approach, Lummis has positioned herself as a fierce pro – bitcoin voice in the Senate. This incident may have implications for the future of crypto regulation in the US and the development of the crypto industry as a whole.

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  • Ripple’s CEO was snuff by a crypto-friendly senator. Garinghouse said he was “confused”. 06/05/2025
  • An American tourist was defrauded and lost 123,000 US dollars in cryptocurrency after taking an Uber ride in London 06/05/2025
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