Wire · regulatory
Why Ripple CEO is urging Congress to pass Clarity Act
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Fusion42 · 24 July 2026 · Fusion42 review
Ripple CEO Brad Garlinghouse publicly urged Congress to pass the CLARITY Act, framing it as consumer protection legislation that would give law enforcement real AML/KYC tools and authority to pursue bad actors in crypto. The bill has stalled on the Senate floor amid competing priorities and ethics provisions debate.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 24 Jul 2026 and 27 Jul 2026.
◆ ◆ The Wire takeaway
If you build on-chain settlement or payment rails, the CLARITY Act is the regulatory moat you need Congress to pass—without it, you're competing against unregulated rivals and regulators will treat you like they're all the same. Garlinghouse just turned up the heat; that bill moves or it dies this session.
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3 sources · first reported 24 Jul 2026 · latest 27 Jul 2026
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