Garlinghouse Urges Lawmakers to Pass CLARITY Act Before September Vote
Ripple CEO Brad Garlinghouse has expressed his support for the CLARITY Act, urging lawmakers to 'Let's Finish the Job' in passing the bill. The act aims to give the CFTC more control over crypto trading and reduce the SEC's role in secondary crypto markets.
Garlinghouse made these comments after President Donald Trump's White House innovation summit, emphasizing that making America the 'crypto capital of the world is within reach, let's finish the job.'
The CLARITY Act has extra significance for Ripple due to its long-standing legal fight with the SEC over XRP. Garlinghouse has repeatedly stated that unclear rules have hindered crypto companies' ability to operate and grow in the U.S.