• Ripple’s Brad Garlinghouse says CLARITY bill has ‘90% chance’ of passing by April The bill would clarify which digital assets fall under securities law versus Commodity Futures Trading Commission oversight. • What to know: Ripple CEO Brad Garlinghouse said he now sees a 90 percent chance that the long-debated Clarity Act will pass by the end of April, citing renewed momentum in Washington. • The bill would clarify which digital assets fall under securities law versus Commodity Futures Trading Commission oversight, addressing long-standing regulatory uncertainty that Garlinghouse says has weighed on innovation. • Ripple, which has spent nearly $3 billion on acquisitions since 2023 and is now pausing major deals to focus on integration, argues that both crypto firms and traditional financial institutions increasingly want clear rules as attitudes toward digital assets shift. • Ripple CEO Brad Garlinghouse said he now sees a 90% chance that the long-debated Clarity Act will pass by the end of April, signaling growing confidence inside the crypto industry that U.S. • lawmakers may finally deliver long-sought regulatory certainty.
Article Summaries:
- Ripple CEO Brad Garlinghouse announced on Fox Business that the Clarity Act, which would define which digital assets fall under U.S. securities law versus Commodity Futures Trading Commission oversight, has a 90 % chance of passing by the end of April. Garlinghouse cited renewed engagement from lawmakers and the White House, noting meetings that included both crypto and traditional banking leaders. The bill has faced opposition over stable‑coin reward provisions, but its passage would provide much‑needed regulatory certainty for the industry. Ripple, which has spent nearly $3 billion on acquisitions since 2023, is pausing major deals to focus on integration amid broader market volatility.
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