Cryptocurrency

“I Think We’re There”, Ripple CEO Brad Garlinghouse on CLARITY Act

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“I Think We’re There”, Ripple CEO Brad Garlinghouse on CLARITY Act

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Ripple CEO Brad Garlinghouse expressed optimism that the CLARITY Act could pass soon, signaling that negotiations between banks and crypto representatives are nearing resolution. The act's passage is expected to provide regulatory clarity to the crypto industry, with Senator Thom Tillis potentially releasing a stablecoin yield draft agreement this week.

Ripple CEO Brad Garlinghouse is optimistic about the CLARITY Act passing soon. He signaled that negotiations between banks and crypto representatives are nearing resolution. The act's passage is expected to provide regulatory clarity to the crypto industry. Senator Thom Tillis may release a stablecoin yield draft agreement this week. The CLARITY Act has faced delays due to disagreements over stablecoin yields. Garlinghouse expects the act to pass by the end of May.

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