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\n\t\t\t\t\t\t\t\t\tRipple’s CEO also praised the recent collaboration between the SEC and the CFTC.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The chief executive officer of Ripple is less optimistic about the highly anticipated Clarity Act than he was before, but still believes it\u2019s essential to provide the necessary regulatory framework for the cryptocurrency industry in the US.<\/p>\n
In a recent post on X, Garlinghouse added that he couldn\u2019t have imagined that the industry would fight for regulatory clarity when he started working at Ripple 11 years ago.<\/p>\n
The two leading US regulators announced<\/a> a joint landmark interpretive guidance in mid-March, with the key takeaway coming from the SEC Chair, Paul Atkins, who said that \u201cmost crypto assets are not themselves securities.\u201d<\/p>\n According to industry experts, this guidance is a de-risking event, with the CFTC Chair indicating that the goal is to further foster an environment where crypto can flourish with \u201cclear and rational rules of the road.\u201d<\/p>\n In a recent interview at the Semafor World Economy, Ripple\u2019s CEO weighed in on the matter and its significance<\/a>:<\/p>\n \u201cI think what happened two weeks ago at the SEC and CFTC coming together as a joint statement was truly groundbreaking in a bunch of ways. And, from my point of view, it ended an era of lawfare against this industry, which turns out didn\u2019t have the support of what the law actually said, so I think that was profound.\u201d<\/p>\n<\/blockquote>\n However, he added that without \u201ccodified legislative permanence,\u201d which would be the Clarity Act\u2019s role, the risk of another Gary Gensler-like SEC coming next is still present.<\/p>\n Garlinghouse added that he is still optimistic about the Clarity Act as it still matters despite the collaboration between the two US regulators, but he is not \u201cas optimistic as I once was.\u201d<\/p>\n Garlinghouse also celebrated 11 years at the company behind XRP. He joined in April 2015 and served as President and COO for nearly two years before being promoted to CEO in January 2017. In the post on X, he outlined the progress the industry has made since then, especially in its efforts to secure regulatory clarity.<\/p>\n Yesterday, I celebrated 11 years at Ripple. Back then, I couldn\u2019t have predicted that we\u2019d still be fighting for regulatory clarity.<\/p>\n The fight has been worth it. After a day in DC having great conversations with @SenatorHagerty<\/a>, @berniemoreno<\/a>, @SenatorTimScott<\/a>, @JohnBoozman<\/a> and\u2026 https:\/\/t.co\/YGM7KKoMT0<\/a> pic.twitter.com\/zAmBr6hIyX<\/a><\/p>\n \u2014 Brad Garlinghouse (@bgarlinghouse) April 14, 2026<\/a><\/p>\n<\/blockquote>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
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11 Years at Ripple<\/h2>\n
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