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Ripple CEO Says Crypto Industry Has to Rebuild Trust

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.bgarlinghouse says the US crypto industry needs to rebuild trust through transparency and utility

The Ripple boss also called on regulators to regulate the industry properly, saying that many other G20 countries are already building frameworks and setting guidance. He cited the EU's markets in crypto-assets regulations as an example of what the US could do., Garlinghouse recently stated in an interview with Bloomberg that he expects a decision on the XRP lawsuit with the SEC to be made this year.

He also stated that the case was not really about Ripple or XRP but rather how the SEC was attacking the entire industry. The outcome of the lawsuit will set the stage for how crypto will be regulated in the U.S. and will be pivotal for the entire industry.

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