Garlinghouse Calls CLARITY Act XRP’s Last Regulatory Hurdle, Urges Senate to Act Now
In the most recent XRP information, Ripple CEO Brad Garlinghouse went public on July 22 with a direct name for Congress to advance the Digital Asset Market CLARITY Act, amplifying a message from Ripple Chief Legal Officer Stu Alderoty with a blunt verdict: “Perfect can’t be the enemy of fine. Let’s get this done!”
The push comes because the invoice sits in energetic Senate negotiations, with seven Senate Democrats searching for stronger client and enforcement safeguards earlier than any ground vote.
Alderoty had framed the CLARITY Act explicitly as a client safety measure, pointing to its strengthened anti-money laundering necessities, expanded enforcement instruments for legislation enforcement businesses, and new authority for state attorneys basic. Garlinghouse endorsed that framing wholesale.
Ripple international co-head of public coverage Lauren Belive sharpened the stakes additional, warning that rejecting the invoice might depart digital asset customers uncovered to the identical structural gaps that enabled the FTX collapse.
The institutional dimension is central to Ripple’s advocacy calculus. Garlinghouse has repeatedly described the CLARITY Act as the ultimate legislative barrier to XRP attaining real institutional crypto scale, the form of CFTC commodity classification that may assist broaden institutional entry
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XRP News: Lummis Defends the Framework as Democrats Push Back
Senator Cynthia Lummis has continued anchoring the invoice’s Republican protection, framing CLARITY as a framework that sharpens regulator accountability, improves market oversight, and provides compliant firms outlined working guidelines.
Her argument is that clearer federal requirements profit each reputable corporations and the regulators tasked with policing misconduct, a place designed to draw Democratic votes by rebranding the invoice as enforcement infrastructure, not trade reduction.
