Ripple CEO Calls CLARITY Act XRP's Final Regulatory Hurdle on July 22, Backed by 200+ Organizations

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On July 22, Ripple CEO Brad Garlinghouse publicly called for Congress to advance the Digital Asset Market CLARITY Act, framing it as the final legislative barrier to XRP achieving institutional-scale adoption and CFTC commodity classification. The push comes as the bill remains in active Senate negotiations, with seven Senate Democrats seeking stronger consumer and enforcement safeguards. Ripple's Chief Legal Officer Stu Alderoty emphasized the bill's strengthened anti-money laundering requirements and expanded enforcement tools for law enforcement agencies and state attorneys general. Support for CLARITY extends beyond the crypto sector, with over 200 organizations, Fidelity, and Goldman Sachs backing the legislation, giving Senate moderates significant political pressure to advance the bill.
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