The failure to pass a clear crypto market structure bill in the us due to internal industry disagreement (coinbase vs. ripple/garlinghouse) prolongs regulatory uncertainty. this is a significant blow to efforts for mainstream adoption and clarity, affecting all major cryptocurrencies.
Direct quotes from ripple ceo brad garlinghouse published by u.today, discussing a critical legislative effort. the disagreement between major industry players like ripple and coinbase is a verified public fact.
Continued regulatory ambiguity in a major market like the us typically leads to hesitant institutional investment and can weigh negatively on overall crypto market sentiment, including for xrp.
Regulatory developments (or lack thereof) have long-term implications for market structure, innovation, and investor confidence rather than short-term price fluctuations.
Cover image via U.Today Read U.TODAY on Google News Ripple CEO Brad Garlinghouse has stated that the industry should not give up on the high-stakes market structure bill. "We shouldn't give up, we're so close," Garlinghouse said. Advertisement The Ripple boss has stressed that crypto companies need to keep working "constructively" with Washington. As r eported by U.Today , Garlinghouse recently spoke out about the deepening divide within the crypto industry at the highly exclusive CfC St. Moritz conference in the Swiss Alps. HOT Stories Morning Crypto Report: Say Goodbye to 1.21% of All XRP, Shiba Inu (SHIB) Confirms Golden Cross: 23% Rally Expected, Cardano Price Prints Legendary Bull Pattern: ADA Next Silver? XRP, TSLA, and GME Among Top Searches on Elon Musk's X Crypto Market Review: XRP Loses Impulse; Bitcoin (BTC) Signals Oversold Conditions; Shiba Inu (SHIB) Rejected Under Tight Range Ripple CEO Breaks Silence on Coinbase Drama Coinbase's abrupt decision to withdraw its support for the bill has left the future of U.S. crypto regulation hanging in the balance. Advertisement The Ripple CEO has acknowledged that Armstrong had raised "fair concerns" regarding the bill's impact on DeFi privacy and stablecoin yields. You Might Also Like Fri, 01/02/2026 - 05:22 Coinbase's Armstrong Unveils Top 3 Priorities for 2026 By Alex Dovbnya At the same time, Garlinghouse admitted he was "surprised how vehemently" Coinbase came out against the bill, essentially killing the scheduled Senate markup on January 15. Advertisement Coinbase's firm rejection Coinbase’s leadership recently went from cautious support for federal crypto regulation to a firm rejection of the current market-structure bill draft. Armstrong has stressed that the exchange cannot support the bill in its present form. The Coinbase boss has openly complained about what he has describe as as a "de facto ban" on tokenized equities, a category of digital assets that would represent tradable shares on blockchain. Armstrong and the Coinbase policy team named broader decentralized finance (DeFi) restrictions and expanded government access to financial data as problematic. However, stablecoin yields are, of course, the main point of contention that has sunk the Senate markup. #Ripple News #Brad Garlinghouse