The relationship between Ripple Labs and U.S. Politicians has become strained. Senator Cynthia Lummis recently canceled meetings with Ripple, causing frustration for CEO Brad Garlinghouse, who has called for more dialogue on cryptocurrency regulation.
The SEC faces internal divisions regarding its stance on Ripple. Commissioner Caroline A. Crenshaw dissents against a settlement agreement, expressing worries that it undermines judicial authority and risks investor interests. This raises questions about future crypto policy in the U.S.
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