Ripple’s CEO Predicts High Probability for Clarity Act Passage
- Brad Garlinghouse estimates a 90% chance that the Clarity Act will pass by the end of April.
- The bill aims to clarify which digital assets fall under securities laws versus those overseen by the Commodity Futures Trading Commission.
- The White House has set a March 1 target to advance negotiations on the legislation.
- Ripple has invested nearly $3 billion in acquisitions since the start of the year, focusing on custody and treasury management.
- Polymarket bettors give an 82% chance for the bill’s passage by year-end.
Garlinghouse highlighted that regulatory uncertainty has hindered innovation in the crypto sector, emphasizing that clarity is essential for growth. The Clarity Act could represent a significant legislative step for U.S. cryptocurrency regulation if passed.
With Garlinghouse’s prediction of a 90% chance for the Clarity Act’s passage, this development could reshape regulatory frameworks around digital assets in the U.S.