Ripple CEO Brad Garlinghouse emphasizes that a clear legal framework is essential for the development of the cryptocurrency market. He stresses that the industry should not aim for perfect regulation but should prioritize realistic and transparent rules that all stakeholders can accept.

According to Garlinghouse, based on past regulatory examples, it is clear that there is no law that can fully satisfy all parties involved. Instead, the key is to avoid regulatory uncertainty and establish a clear and consistent policy environment. Such clarity is believed to promote innovation in the crypto asset space and support the industry's long-term growth.

He points out that, in relationships with regulators, pursuing perfection often leads to confusion, whereas practical and transparent rules directly contribute to industry stability. He advocates for building a solid foundation for the steady development of the cryptocurrency market.