Ripple CEO Pushes CLARITY Act After 11 Years at Helm Garlinghouse met Republicans like Senators Hagerty, Moreno, Scott, and Boozman, plus White House advisor Patrick Witt, to champion the CLARITY Act for clear U.S. digital asset rules. The bill, which passed the House 294-134 in July 2025, would put many cryptos under CFTC as 'digital commodities' while SEC handles securities, covering stablecoins and 24/7 trading too. Optimistic after summit talks, he pegs passage soon despite Senate snags over stablecoins, calling it a long-awaited win for innovation amid Ripple's SEC battles.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.