Ripple CEO, ex-US regulators to drop truth bombs at Senate hearing

Buckle up, folks. The US Senate Banking Committee is about to get schooled on crypto by Ripple's Brad Garlinghouse and a squad of ex-regulators. This isn't just another boring hearing—it's a showdown that could shape the future of digital assets in America.

With the Senate eyeing a crypto market structure bill by October, this is the moment to watch. Will they get it right, or will it be another case of 'old meets clueless'? The stakes? Only the entire US crypto industry.

Meanwhile, the House is gearing up for 'Crypto Week,' tackling three major bills. One aims to rein in stablecoins (looking at you, Tether), another seeks clarity for digital assets, and the third? A big 'no thanks' to a US CBDC. Because who needs a digital dollar when you've got Bitcoin, right?

But here's the plot twist: Trump's crypto ties might throw a wrench in the works. With his own memecoin and family links to a stablecoin, some Dems are side-eyeing the whole thing. Drama, much?

Bottom line: This hearing could be the start of something big—or another chapter in the 'How Not to Regulate Crypto' handbook. Stay tuned.