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CryptoUpdated×4•Originally published 14 April 2026•Updated 16 April 2026•

1 min read

Ripple CEO Backs Treasury Secretary's Call to Pass CLARITY Act for Crypto

Key Facts

1Ripple CEO Brad Garlinghouse backed Treasury Secretary Scott Bessent's call for Congress to pass the Digital Asset Market Clarity Act.

2The act aims to be sent to President Trump's desk to solidify the regulatory framework for digital assets in the U.S.

about 2 months ago

Version History

2 additional sources confirmed this story

Version 4about 2 months ago

What changed: The story was updated to include Brad Garlinghouse's 11-year anniversary milestone and his emphasis on the urgent legislative window for the CLARITY Act.

Version 3about 2 months ago

What changed: Added the SEC roundtable date of April 16 and updated XRP market data, linking regulatory progress to potential ETF flows.

Version 2about 2 months ago

What changed: Updated to reflect the Ripple CEO's moderated tone and decreased bullishness regarding the act, while maintaining that it remains imminent.

Version 1about 2 months ago

What changed: Added details from the Semafor World Economy Summit where the Ripple CEO indicated the Act is nearing finalization and that regulatory frustration has reached a tipping point for an agreement.

Brad Garlinghouse recently celebrated his 11th anniversary as CEO of Ripple, marking the milestone by emphasizing that the window for passing the Digital Asset Market Clarity Act (CLARITY Act) is currently open. Garlinghouse stressed an urgent need for legislative action as the bill nears its final stages, with the SEC scheduling a roundtable discussion for April 16. Amid these regulatory developments, XRP is trading near $1.39, maintaining its position as the world's fourth-largest cryptocurrency by market capitalization. Traders are closely monitoring the upcoming SEC meeting as a near-term catalyst that could significantly influence XRP-linked ETF flows. The proposed legislation aims to replace the SEC's 'enforcement-led' oversight with a clear framework, which remains a critical factor for long-term institutional adoption in the United States.