• Garlinghouse praised the CLARITY Act as a major step toward clear U.S. crypto rules.
• The bill aims to define SEC and CFTC roles and strengthen investor protection.
• Momentum slowed after Coinbase withdrew support, forcing the Senate to delay markup.

Ripple CEO Brad Garlinghouse has reacted positively to new momentum around U.S. crypto regulation, calling the Senate Banking Committee’s CLARITY Act a “massive step forward” for the digital asset industry.

Garlinghouse Welcomes Regulatory Clarity

In a recent post on X, Garlinghouse said the move by Senator Tim Scott and Senate Banking Committee Republicans, though long overdue, represents meaningful progress toward workable crypto market structure rules. He stressed that “clarity beats chaos,” noting that Ripple has experienced firsthand how regulatory uncertainty can hold innovation back.

According to Garli…

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