The Daily: Ripple CEO sees 90% chance of crypto bill passing by end of April, BGD Labs to stop contributing to Aave, and more
Ripple's CEO predicts a 90% chance for a crypto bill passing by April, while BGD Labs ends its Aave contributions due to governance issues.Summary
Ripple CEO Brad Garlinghouse expressed a 90% certainty that a crypto market structure bill will pass by the end of April, attributing this optimism to strong White House engagement following recent stablecoin talks. Meanwhile, BGD Labs announced it will cease contributing to Aave after April 1, citing governance misalignment and centralization risks as Aave Labs expands control over future development, particularly Aave v4. In other news, Metaplanet CEO Simon Gerovich defended the company's bitcoin strategy against criticism, noting its stock performance closely tracked BTC's decline this year. Additionally, House Democrats formally questioned Treasury Secretary Scott Bessent regarding the OCC's review of World Liberty Financial's trust bank charter application due to its links with President Trump and foreign investors. Finally, Bitcoin mining difficulty saw a record absolute increase of 14.7% as the network hash rate rebounded following a recent U.S. winter storm.
(Source：The Block)