Ripple Helps CLARITY Act—Garlinghouse Says ‘This Is the Second’

Ripple and Crypto Leaders Rally Round CLARITY Act

Ripple executives publicly backed the Senate’s CLARITY Act on Could 13 earlier than the Banking Committee markup. CEO Brad Garlinghouse praised lawmakers for advancing the proposal and framed the laws as a serious second for U.S. crypto coverage. Ripple’s assist centered on regulatory readability, investor protections, and sustaining American management in digital property.

“The Senate Banking Committee is placing within the work because it strikes the Readability Act ahead… unbelievable management! Thousands and thousands of People are already on this market,” Garlinghouse wrote on X, including:

“Ripple stands behind this invoice as a result of they deserve the identical guidelines and protections as each different asset class. If the most important economic system on this planet goes to steer on crypto – and it should – that is the second. Let’s get it finished!”

Stuart Alderoty, chief authorized officer at Ripple and president of the Nationwide Crypto Affiliation, additionally voiced assist on X. He cited the Nationwide Crypto Affiliation’s 2026 State of Crypto Holders Report, which estimated that 67 million People maintain crypto at this time. Alderoty described holders as building staff, retirees, small enterprise house owners, and fogeys throughout each earnings degree, trade, and state. He acknowledged: “They deserve clear guidelines. They deserve robust shopper protections. And so they deserve a regulatory framework that permits accountable improvements to develop right here in the US. The Readability Act markup tomorrow is a significant step ahead.”

Senate CLARITY Act Attracts Broad Business Assist

Business and coverage voices additionally backed the CLARITY Act on Could 13, as supportive feedback unfold throughout social media forward of the markup. Former White Home crypto and AI czar David Sacks referred to as the markup “a monumental step” towards making the U.S. the “ Crypto Capital of the World.” Technique CEO Phong Le stated readability would enhance monetary outcomes and increase entry throughout monetary markets. Constancy Public Coverage, the coverage arm of Constancy Investments, stated the invoice would offer statutory readability for digital asset markets whereas benefiting buyers and supporting U.S. management in digital property.

Senator Tim Scott acknowledged:

“Households, small companies, buyers, and innovators deserve clear guidelines of the street for digital property. The Senate’s model of the CLARITY Act delivers certainty, safeguards, and accountability, whereas defending Essential Road, strengthening nationwide safety, and conserving innovation in America.”

The CLARITY Act textual content launched by Scott, Sen. Cynthia Lummis, and Sen. Thom Tillis on Could 12 will function the premise for the Banking Committee markup on Could 14. Committee Republicans stated the proposal displays negotiations with Democratic colleagues and enter from regulators, regulation enforcement officers, monetary establishments, innovators, and shopper advocates. The proposal focuses on market construction guidelines for digital property.