Senate CLARITY Act Vote Falls Short, Ripple Remains Optimistic
The US Senate failed to advance the CLARITY Act on September 15, 2026, with a 49-50 vote that fell short of the 60 needed. This setback does not change Ripple's Chief Legal Officer Stuart Alderoty's stance on XRP's legal position. He argues that XRP is not a security and points to a 2023 federal court ruling and recent regulatory guidance as evidence.
Alderoty emphasizes that the vote's outcome does not reopen or alter XRP's existing legal footing. The company believes that its token has a stronger foundation than many other digital assets in the market, thanks to prior court and agency developments.
Ripple CEO Brad Garlinghouse expressed disappointment with the result but remains optimistic about the future of regulation. He expects the SEC and CFTC to continue rulemaking efforts to fill the gap left by the stalled legislation.