Brad Garlinghouse, CEO of Ripple (CRYPTO: XRP) Labs, has hailed the passage of the GENIUS Act as a “transformational legislation” that marks a historic turning point for the U.S. financial sector, drawing parallels to the Dodd-Frank Act of 2010.
What Happened: In a post on X, Garlinghouse celebrated the bill's 308-122 House approval, noting it ends a 15-year gap since the last major financial regulation, positioning the U.S. as a leader in innovative financial technology, particularly stablecoins.
