Ripple CEO Brad Garlinghouse has declared the defeat of what he terms the "Anti-Crypto Army," attributing the victory to courts, voters, and President Trump. Garlinghouse's comments came in response to Trump's statement on Truth Social, where the president proclaimed the U.S. as the crypto capital of the world and pledged to establish a robust digital asset market structure. Garlinghouse highlighted the legal battle Ripple faced with the SEC, which accused XRP of being an unregistered security. A 2023 court ruling clarified XRP's status, paving the way for the CLARITY Act, which aims to solidify XRP's commodity status and limit SEC oversight.
The CLARITY Act, currently progressing through the Senate, has a 75% chance of becoming law in 2026, according to Galaxy Research. This legislation would provide Ripple with a federal framework, marking a significant shift in the regulatory landscape. Garlinghouse's remarks and Trump's commitment suggest a new era of regulatory clarity and growth for the digital asset industry.
Ripple CEO Declares Victory Over Anti-Crypto Forces
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