Ripple Pushes for Industry-Wide Clarity Amid XRP Legal Victory
Ripple's CEO Brad Garlinghouse believes that XRP has already cleared its legal hurdle. He pointed to a federal judge's ruling from the company's four-year fight with the SEC, stating that 'XRP itself is not a security.' This decision provides clarity for XRP, but Garlinghouse emphasized that it's not enough.
The CEO explained that Ripple wants the same certainty for the entire crypto industry. To achieve this, the company is pushing hard for the Clarity Act. He expressed optimism about the bill's chances due to positive sentiments from lawmakers Tim Scott and Patrick Whit, who spoke earlier at the event.