Cardano founder praises Ripple CEO as crypto CLARITY law’s most ardent defender

Cardano founder publicly praised Ripple CEO Brad Garlinghouse for his key role in pushing for Washington DC’s CLARITY Act

The U.S. cryptocurrency industry has made great strides toward regulatory clarity. After facing a hostile environment and aggressive enforcement actions under the previous administration, the field is now seeing serious efforts to establish clear and sensible rules.

Earlier this year, the country enacted the first stablecoin-specific regulations, the GENIUS Act, and is now close to passing the CLARITY Act. The CLARITY Act is a proposed bill in the United States that would establish clear rules for digital assets by defining key categories such as digital products, securities, and stablecoins, and assigning oversight to the SEC and CFTC.

Ripple’s CEO is the hardest-working person to advocate for the CLARITY Act

In recent comments, Cardano founder Charles Hoskinson praised Ripple CEO Brad Garlinghouse as the industry’s hardest-working leader and promoted the CLARITY Act.

He praised Garlinghouse for being very active in promoting the CLARITY Act, noting that the Ripple CEO travels to Washington, D.C., almost every day to meet with lawmakers, their teams, and other stakeholders to advance the bill.

He noted that Garlinghouse has been a relentless advocate for regulatory clarity for the industry, and said his sustained efforts were a key factor in moving the CLARITY Act forward. In light of this contribution, Mr Hoskinson expressed his gratitude and thanked Mr Garlinghouse for her dedication.

Ripple CEO calls for regulatory transparency

Garlinghouse has long been a leading advocate for clear and practical cryptocurrency regulation in the United States. His efforts intensified after the SEC filed suit against Ripple, which continued the legal battle for nearly five years.

Since then, he has participated in multiple high-profile debates and even testified before the U.S. Senate on proposed regulations, including the CLARITY Act. His goal is to advocate for clear rules that will allow U.S.-based crypto businesses to thrive on their merits.

Combined with support from other industry leaders, these efforts are beginning to bear fruit. The US enacted its first comprehensive stablecoin regulations in June, and analysts expect the CLARITY Act to be implemented soon.

Progress of the CLARITY Act

Meanwhile, lawmakers have already begun debating the bill, with efforts underway to integrate it with the Cryptocurrency Market Structure Act passed by the House of Representatives in July.

Markup and voting on the bipartisan draft is expected early next month, according to journalist Eleanor Terret. The Senate and House versions will then be combined into a single legislative document.

Senate Banking Committee Chairman Tim Scott has expressed interest in bringing the unified bill to the Senate floor for a vote early next year. If passed, it would move to the House for final approval before heading to the president’s desk. However, Terret noted that the CLARITY Act is unlikely to be passed before 2026 due to delays caused by the prolonged U.S. government shutdown.

Passage of the CLARITY Act opens the door for big tech companies to enter the blockchain space, Hoskinson said, potentially pushing the broader cryptocurrency market toward an ambitious $10 trillion valuation.