Brad Garlinghouse expressed:  Our proposed policy framework is a three-pronged approach of what can be done now to provide clarity to one of the fastest-growing industries in the U.S. It’s also the result of our direct interactions with regulators and bipartisan policymakers.

The crypto industry is stepping up to the plate for public-private collaboration on policy – no question about it – and we will continue to seek to work together on the optimal path forward.

Community Response:  The US could easily catch up to other countries when it comes to Crypto adoption if regulators actually listened to Ripple.

Sad that you have to come up with a proposal when Congress is supposed to do it.

It seems we pay them so they can rip us off for big banks, big corporations, big pharma, and wall street.

Oh, it sounds like a divorce is ready to happen.  But this divorce feels more like an enema with battery acid. It’s burning my hide.

It’s unreal how Gensler keeps stating there is clarity while 99% of the industry disagrees accept Mr Lubin and Consensys.

Unreal is a huge understatement. I cannot find any word doing justice to the fact that the guy is so consistently lying and ignoring the screams for clarity. How is it even possible for people to act like that?

Not that he will ever be held accountable. Joe doesn’t even remember he hired Gary in the first place.

The most interesting part of this tweet is this – someone’s been having productive meetings with the SEC recently. No wonder it’s all so quiet.

You have been doing this for quite a while now Brad.  You’re making new roads.  It always takes a little time.  I have a feeling you are almost at the end of the beginning.  Soon, it’s time to rock n roll. They cannot stop the inevitable.

Ripple will not settle this case with tag of security. SEC will not settle this as Ripple is a currency otherwise, they look like fools. So, my understating is someone from the congressmen is involved as middle man between SEC & RIPPLE hence Ripple’s approach with policy framework.

SEC always said we have clarity but everyone inclusive. SEC knows there is no clarity on crypto regulation. This lawsuit is only based on conflict of interest. So, somewhere down the track if there will be some short of policy introduce by congress then SEC will settle this case.

Ripple took initiative to propose the framework because they would like to settle this case and it might also help other cryptocurrencies. Congress defiantly wants Ripple to stay in US and that’s why someone from congressman is involved in the process of settling this case very soon. Let’s see how this goes.

I don’t know what to make of this. It would be really nice if this fight and hassle between SEC/Ripple is over, it takes way too long, you can also make it more complicated.