Ripple CEO Says Clarity Act Has 90% Chance of Passing by April

TheNewsCryptoPublicado a 2026-02-20Actualizado a 2026-02-20

Resumen

Ripple CEO Brad Garlinghouse estimates a 90% chance that the Clarity Act will pass through the U.S. Congress by the end of April, following recent discussions between crypto industry leaders and regulators. The bill aims to provide jurisdictional clarity by defining whether digital assets are securities or commodities, with key regulatory roles for the SEC and CFTC. While some complex issues, particularly around stablecoin regulation, remain, Garlinghouse noted that negotiations have narrowed outstanding disagreements. Passage of the act would mark a significant shift in U.S. crypto regulation, potentially encouraging greater institutional involvement by resolving long-standing legal uncertainties.

Brad Garlinghouse, the CEO of Ripple, stated that he thinks the Clarity Act will be passed through the U.S. Congress by the end of April. Garlinghouse estimated that there was a 90% chance of this happening, based on the recent talks in Washington. This was said during and after a meeting at the White House that was held between the leaders of the crypto industry and the banking regulators.

During an interview with Fox Business, Garlinghouse stated that stakeholders focused on the foundational aspects of the bill, such as jurisdictional clarity. The bill seeks to establish the regulatory jurisdiction of major U.S. agencies over digital assets. The bill will provide clarity on whether certain tokens qualify as securities or commodities.

Garlinghouse pointed out that many of the outstanding issues had been narrowed down after talks between the industry and the regulators. This came after several weeks of negotiations between lawmakers, the crypto industry, and Treasury officials. The stablecoin provisions were also part of the talks. The stablecoin yield provisions have made the initial versions of the bill complicated.

However, Garlinghouse also admitted that a compromise may be required to pass the legislation this spring. Other industry officials and prediction markets have also cited a narrowing timeline. Legislators are hoping to move the Clarity Act forward before the congressional recess in April. Some estimates place the chances of passage slightly lower than Garlinghouse’s estimate, but still high.

Regulatory Environment and Industry Implications

The Clarity Act aims to offer long-overdue federal regulatory clarity regarding digital asset regulation. It would provide a clearer definition of jurisdiction between the Securities and Exchange Commission and the Commodity Futures Trading Commission. Industry insiders believe that regulatory clarity could encourage institutional involvement.

Lack of a clear legal framework has resulted in enforcement uncertainty and innovation stagnation for businesses. Regulations on the issuance and trading of stablecoins are some of the most contentious issues in the bill. The White House and Senate panels have been working to reconcile these differences. Passage by Congress would represent a major change in the course of U.S. crypto regulation.

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Preguntas relacionadas

QWhat is the estimated probability that the Clarity Act will pass by the end of April, according to Ripple's CEO?

ABrad Garlinghouse estimates there is a 90% chance that the Clarity Act will be passed by the U.S. Congress by the end of April.

QWhat was the main focus of the discussions between crypto industry leaders and regulators at the White House meeting?

AThe discussions focused on the foundational aspects of the Clarity Act, particularly on establishing jurisdictional clarity for major U.S. agencies over digital assets and determining whether certain tokens qualify as securities or commodities.

QWhy does the article suggest that a compromise might be necessary for the Clarity Act to pass this spring?

AA compromise may be required due to the contentious issues within the bill, such as the regulations on the issuance and trading of stablecoins, which have made the initial versions complicated and require reconciliation of differences.

QWhat are the two major U.S. regulatory agencies that the Clarity Act seeks to define jurisdiction between for digital assets?

AThe Clarity Act seeks to provide a clearer definition of jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

QWhat potential positive outcome does the article suggest could result from providing regulatory clarity for digital assets?

AIndustry insiders believe that regulatory clarity could encourage greater institutional involvement in the crypto industry, as a clear legal framework would reduce enforcement uncertainty and help overcome innovation stagnation.

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