The United States is fully developing encryption: the Senate regulatory hearing invites major players such as Ripple, Paradigm, and others to attend.

The U.S. Senate Banking Committee will hold a hearing on the structure of the crypto market on July 9, with Ripple and others personally testifying, and Congress will push forward a major regulatory process after the GENIUS Act. (Synopsis: Ripple Ripple applies for a U.S. banking license!) Stablecoin RLUSD full compliance route "reserve into Fed account") (background supplement: Tether big trouble! U.S. judge rules: Allow Celsius to recover $4 billion in bitcoin On July 9, Eastern time, the U.S. Senate Banking Committee will hold a hearing to explore the structure of the cryptocurrency market. Leaders such as Ripple, the Blockchain Association, and Chainalysis will come to Washington to speak out, and Congress is trying to outline a clear regulatory boundary between innovation and risk, and you can also feel that the United States now has the federal government at its core, focusing on the development of crypto-related industries. HEARINGS FOCUS ON MARKET STRUCTURE This hearing is the next step in the GENIUS stablecoin bill. The conference is scheduled to start at 22:00 Taiwan time on July 9 and will be attended by Ripple CEO Brad Garlinghouse, Blockchain Association CEO Kristin Smith, Chainalysis CEO Jonathan Levin and Paradigm General Partner Dan Robinson to provide perspectives from regulatory, compliance and investment perspectives. Republican principle: solve long regulation The Senate Republican Party has published the "Crypto Market Structure Principles", requiring clear definitions of "digital asset securities" and "digital asset commodities" to avoid long regulation slowing down the industry. Industry and lawmakers alike have stressed the need for a clear division of powers between the SEC, CFTC and banking regulators, and the Office of the Comptroller of the Currency's (OCC) allowing banks to custody digital assets is seen as a sign that the environment is becoming clearer. The bill timetable is clear: the United States is really moving The House of Representatives has advanced the "Digital Asset Market Clarity Act" (CLARITY Act), and the Senate has simultaneously formulated its own version. The two cases may be merged in the future or passed separately. Senate Banking Committee Chairman Tim Scott said he hopes to complete legislation on the overall market structure by September 30, 2025, setting a long-lasting game for digital finance. Lawmakers aim to create a robust and innovation-encouraging framework that attracts institutional funding while reducing regulatory risk from alleged financial ilit. The SEC's recent shift from tough enforcement to finding clearer ways to register shows that regulatory attitudes are being fine-tuned. In the future, once the rules are established, it is expected to reduce uncertainty, enhance investor confidence, and provide a reference sample for the global digital asset market. Related reports Ripple applies for "US banking license", CEO: $RLUSD will become a new standard for stablecoins after approval Trump announced that the United States and Vietnam "trade finalization": vietnam pays 20%-40% tariffs, USA goods are exempt Tether is in big trouble! U.S. Judge Rules: Allow Celsius to Recover $4 Billion in Bitcoin [U.S. Goes All Out to Develop Crypto: Senate Regulatory Hearing Invites Ripple, Paradigm. This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".