AI Summary
- Rumors suggest Ripple (XRP) CEO Brad Garlinghouse is in line for a spot on the US’s Crypto Advisory Council along with Coinbase’s Brian Armstrong and leading crypto CEOs.
- According to the NY Post, Garlinghouse and other crypto heads are shortlisted for a place on the government’s council. The advisory council will help the Trump administration determine which cryptocurrencies can be classified as commodities or securities. .
- Sources from the NY Post suggest Ripple’s Brad Garlinghouse is on track to take a seat at the US’s Crypto Advisory Council.
- It’s rumored that the role has received a lot of attention with top crypto CEOs all begging for a place on the council to help the Trump administration usher in a new era for digital assets in the nation.
Rumors suggest Ripple (XRP) CEO Brad Garlinghouse is in line for a spot on the US’s Crypto Advisory Council along with Coinbase‘s Brian Armstrong and leading crypto CEOs.
According to the NY Post, Garlinghouse and other crypto heads are shortlisted for a place on the government’s council.
The advisory council will help the Trump administration determine which cryptocurrencies can be classified as commodities or securities.
Ripple and crypto heads shortlisted for US crypto council spot
Sources from the NY Post suggest Ripple’s Brad Garlinghouse is on track to take a seat at the US’s Crypto Advisory Council.
The council will help play a pivotal role in shaping the future of cryptocurrencies in the United States and how digital assets should be regulated.
Kraken exchange’s Marco Santori, Ripple’s Brad Garlinghouse, and ‘The Scoop’ host Frank Chaparro are reportedly on a shortlist for the role, along with Coinbase’s Brian Armstrong and Crypto.com’s Kris Marszalek.
It’s rumored that the role has received a lot of attention with top crypto CEOs all begging for a place on the council to help the Trump administration usher in a new era for digital assets in the nation.
From the NY Post, it’s reported that those begging for a spot will be chosen based on their experience in the industry and time spent navigating the US’s previous strict laws under Gary Gensler, over those who are new supporters of the administration.
The council will play an important role in shaping the future of cryptocurrencies and digital assets in the US which will be echoed around the world.
There are still debates on whether cryptos should be considered securities or commodities and if crypto should be lawed by the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission.
US to lead crypto integrations
During a recent livestream on YouTube, Charles Hoskinson shared his thoughts on how the US government will integrate blockchain technology.
During the stream, Cardano founder Charles Hoskinson predicted that the US will lead global integrations of cryptocurrencies and digital assets.
With D.O.G.E on the lookout for a public blockchain to help efficiently keep track of government spending and records, Hoskinson predicted it would just be the beginning of blockchain integration into governmental roles in the near future.
