Garlinghouse’s appeal for regulation: In a 60 Minutes interview, Ripple CEO Brad Garlinghouse urged for clearer regulations from Congress for digital assets. He emphasized that the current battle with the SEC over XRP’s classification underscores the urgent need for regulatory clarity.

Huge legal expenses for Ripple: Ripple has invested over 150 million USD in its legal fight with the SEC regarding XRP. This substantial expenditure highlights the significance of the outcome for Ripple and its impact on the broader crypto industry.

Positive market response to XRP: XRP saw a positive market response, trading at 2.55 USD with a 4.5% rise. This uptick was fueled by Garlinghouse’s advocacy for clearer regulations and potential shifts in the political landscape, influencing positive investor sentiment.