HomeCrypto NewsMarketRipple CEO Says Company Won’t Support Bills That Threaten Hard-Won XRP Clarity

Ripple CEO Says Company Won’t Support Bills That Threaten Hard-Won XRP Clarity

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Ripple CEO Brad Garlinghouse says the company will not support any legislation that risks undoing the legal clarity XRP has already secured in the United States.

Speaking in an interview with Crypto In America, Garlinghouse described XRP’s regulatory position as a milestone won through years of legal battles. Accordingly, he confirmed that Ripple will not allow it to be jeopardized.

XRP Has Regulatory Clarity, and Ripple Wants the Entire Industry to Benefit

Garlinghouse stated that XRP is now in a “unique position,” with a U.S. federal court having ruled that it is not a security. He noted that this clarity benefits not just Ripple but the entire crypto sector.

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He added that Ripple wants the entire industry to have unambiguous rules. However, according to Garlinghouse, any bill that introduces risks to XRP’s current legal status would be unacceptable. 

He stressed that Ripple cannot endorse legislation that “calls that back into question” after spending years and more than $150 million fighting the SEC.

Ripple’s major concern is the possibility of a future SEC administration reversing course. He referenced the hypothetical arrival of “a new Gary Gensler” at the SEC, who could attempt to bring renewed lawsuits.

Transparency Sets XRP Apart from Other Projects

The Ripple CEO also highlighted the company’s deliberate transparency regarding its XRP holdings. He noted that Ripple publicly discloses the wallets it controls, giving the community and analysts full visibility into on-chain movements.

Garlinghouse contrasted this with other crypto projects that operate in a more secretive manner. He recalled a past panel discussion where another CEO resisted sharing basic transparency information. Garlinghouse pointed out that some players “want to have it both ways.”

Ripple’s Efforts in Broader Crypto Regulation

Indeed, Ripple has been at the forefront of discussions concerning crypto regulation. In September, Ripple, Kraken, Coinbase, and a16z represented the crypto industry at a Senate Banking Committee roundtable on crypto legislation in Washington, D.C.

Cardano founder Charles Hoskinson praised these efforts and expressed optimism about bipartisan progress toward comprehensive U.S. crypto regulation.

Ripple President Monica Long echoed this optimism, calling blockchain a “financial revolution” hindered by regulatory delays. Meanwhile, she acknowledged new momentum from the GENIUS Act, the Clarity Act, and the evolving Responsible Financial Innovation Act (RFIA).

Last week, President Trump’s crypto adviser David Sacks said discussions on the U.S. crypto market structure bill are making “great progress,” with a bipartisan draft expected soon.

The update comes amid the government shutdown, which has slowed committee work but also allowed for deeper policy talks.

Currently, the Senate Banking and Agriculture Committees continue to refine the bill, which will need 60 votes to pass. While the process remains lengthy, many in the industry expect major regulatory progress by 2026.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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