Ripple CEO Urges US Senate to Pass CLARITY Act for Crypto Regulation
Key Facts
Amid the ongoing push for a clear regulatory framework for digital assets in the United States, Ripple CEO Brad Garlinghouse has urged the US Senate to pass the final draft of the CLARITY Act. According to reports, Garlinghouse described the proposed legislation as a serious policy deal rather than a mere compromise, emphasizing that Senators should stand behind the final text to ensure America wins the global race for new technology.
This endorsement follows praise from US Treasury Secretary Scott Bessent, who highlighted that the final text ensures US leadership in stablecoins and protects community banks. Per market data, this legislative move is part of a broader strategy that began with the GENIUS Act, aiming to build stablecoin infrastructure within the US, with reports indicating potential support from some Democrats to meet the 60-vote requirement.
While specific instrument price data is currently unavailable, investors are closely monitoring legislative developments in Washington as a key market catalyst. According to the economic calendar, recent inflation data from China and the US released on September 9 and 10, 2026, continues to shape the broader macroeconomic environment influencing risk appetite in the crypto sector.