Commenting on his earlier estimation of an 80% chance, Garlinghouse stated:
“I think it’s now 90% it will pass by the end of April.”
“The White House is pushing hard on this, and I think that is a big reason why it will get done. It needs to get done for U.S. leadership,” the Ripple CEO opined.
FAQ ⏰ What are the chances the Clarity Act passes by April? Ripple CEO Brad Garlinghouse estimates a 90% chance of passage by the end of April. Why is the White House involved in the Clarity Act? The White House is pushing hard to advance the bill to secure U.S. leadership in crypto regulation. What is the main obstacle facing the Clarity Act? Senate disagreement over stablecoin reward provisions remains the key sticking point. How are traditional banks responding to the Clarity Act? Major banks are increasingly supportive, seeking clear rules to compete in the crypto industry.
