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

• Ripple CEO Brad Garlinghouse said Congress has a 90% chance of passing the Clarity Act by the end of April 2026.
• The statement came after a meeting between representatives of the industry. 
• The White House regarding the provisions of the contentious crypto bill.

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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