Ripple CEO Says Market Structure Bill Not a ‘Done Deal,’ Despite Stablecoin Compromise
Cointelegraph
Ripple CEO Brad Garlinghouse warns that the US digital asset market structure bill faces a critical two-week window before midterm election pressures stall progress.Summary
Ripple CEO Brad Garlinghouse stated that despite recent progress regarding stablecoin compromises, the CLARITY Act is not guaranteed to pass in the US Senate. Speaking at the Consensus conference, Garlinghouse emphasized that the legislation must move forward within the next two weeks to avoid being derailed by the upcoming 2026 midterm election cycle. While acknowledging the bill is imperfect, he maintains that regulatory clarity is preferable to the current market chaos. The bill currently awaits approval from the Senate Banking Committee, supported by advocates like Senator Cynthia Lummis who urge immediate action to resolve existing legal uncertainties in the crypto industry.
(Source：Cointelegraph)