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⛓️ Crypto NeutralImportance 6/10

Garlinghouse on Clarity Act: 'Ripple Doesn't Have Big Dog in This Fight'

U.Today|Alex Dovbnya|
🤖AI Summary

Ripple CEO Brad Garlinghouse expressed confidence that the Senate's stalled Clarity Act will eventually pass, despite recent opposition from Coinbase. Garlinghouse suggested that Ripple doesn't have a significant stake in this particular legislative battle.

Key Takeaways
  • Ripple CEO Brad Garlinghouse believes the Senate's Clarity Act will eventually pass despite current stalls.
  • Coinbase has recently expressed opposition to the Clarity Act legislation.
  • Garlinghouse indicated that Ripple doesn't have a major interest in the outcome of this legislative fight.
  • The Clarity Act remains stalled in the Senate amid industry disagreements.
  • There appears to be division within the crypto industry regarding the proposed legislation.
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