Ripple CEO Brad Garlinghouse has emphasized the need for the Clarity Act to establish a clear regulatory framework for the cryptocurrency industry in the United States. Despite recent progress with a joint interpretive guidance from the SEC and CFTC, Garlinghouse remains cautious about the future without legislative permanence. He noted that the recent collaboration between the two regulators marked a significant shift, ending an era of legal battles against the crypto industry. Garlinghouse, who recently celebrated 11 years at Ripple, reflected on the industry's journey towards regulatory clarity. He acknowledged the progress made but stressed the importance of the Clarity Act to prevent future regulatory uncertainties. His comments come after discussions with key U.S. senators, highlighting the ongoing efforts to secure a stable regulatory environment for cryptocurrencies.