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Ripple CEO Ties XRP's Future Directly to CLARITY Act on May 28

GateNews

Regulation & Policy

2026-05-29 07:32:37

XRP0.07%

On May 28, Ripple CEO Brad Garlinghouse tied XRP's long-term growth prospects directly to the CLARITY Act, arguing that the industry needs permanent regulatory rules rather than enforcement-driven policies. Garlinghouse declared that the "Anti-Crypto Army" had been defeated by courts, voters, and market realities, and that combatting financial innovation made no legal or economic sense. The CLARITY Act, which passed the Senate Banking Committee on May 14, seeks to establish clear authority division between the SEC and CFTC, with commodity-like digital assets falling under CFTC oversight. Garlinghouse believes regulatory certainty would enable U.S. banks to work with blockchain payment providers, accelerate institutional adoption of XRP-based solutions, and reduce compliance uncertainty for exchanges.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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