Listen Closely to What Ripple CEO Said About XRP and CLARITY Act
The post maintains that Ripple’s experience with the SEC has strengthened its position that the broader U.S. cryptocurrency industry needs clear regulatory rules.
Garlinghouse Points to Ripple’s 75 Licenses
In a video attached to the post, Ripple CEO Brad Garlinghouse spoke at the third annual Wyoming Blockchain Symposium about the company’s approach to regulation. He rejected the idea that the cryptocurrency industry opposes regulatory oversight.
“The idea that crypto was anti-regulation is the exact opposite,” Garlinghouse said, adding that the industry has actively sought regulation.
He pointed to Ripple’s regulatory progress as an example, stating that the company holds 75 licenses worldwide. His comments emphasized Ripple’s efforts to operate within established regulatory frameworks rather than avoid them.
Listen closely to what Brad Garlinghouse said about ripple:native and the CLARITY Act.
Ripple fought the SEC for four years and now holds 75 licenses worldwide.
Brad’s takeaway isn’t to run from regulation. It’s the opposite.
Ripple Supports the CLARITY Act
Garlinghouse also addressed Ripple’s experience with the SEC and explained why the company continues to support the CLARITY Act despite XRP already having significant legal clarity.
According to Garlinghouse, Ripple faced a four-year legal battle with the U.S. government and the SEC. He referenced the federal court’s ruling that XRP itself is not a security, describing that decision as “clarity for XRP.”
However, he stressed that Ripple does not view that outcome as sufficient for the wider industry.
“In order for the industry to succeed in the United States, we need clarity for the whole industry,” Garlinghouse said. He added that Ripple has “leaned in aggressively” to support the CLARITY Act.
His comments indicate that Ripple views comprehensive legislation as important beyond its own legal position. The company is seeking rules that establish clearer requirements for businesses operating across the cryptocurrency industry.
Attention Turns to What Comes Next
Garlinghouse also noted that he attended presentations from Tim Scott and Patrick Witt at the Wyoming Blockchain Symposium, where they discussed the likelihood and path toward passage of the legislation.
The discussion connected those comments to a broader question about Ripple and XRP if the CLARITY Act becomes law. Ripple is not trying to move away from regulation after its SEC experience, but is instead advocating for a framework that could provide greater certainty across the U.S. market.
Comments under the post reflected this view. Clear rules could support greater adoption because businesses cannot effectively scale while facing regulatory uncertainty.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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