Ripple CEO Says Clarity Act Protects Financial Interests of Americans

TLDR

• Ripple CEO Brad Garlinghouse supports the Clarity Act and calls it necessary for protecting Americans.
• The White House warned banks not to block the Clarity Act or undercut the Genius Act.
• Garlinghouse estimates an 80%–90% chance the Clarity Act will pass by April 2026.
• Coinbase CEO Brian Armstrong joined a delegation that visited the White House for crypto policy talks.
• JPMorgan CEO Jamie Dimon said yield-paying digital assets should follow banking regulations.

US policy debate over digital assets intensified after fresh comments from Ripple CEO Brad Garlinghouse. He supported the White House warning directed at large banks opposing pending crypto legislation. Garlinghouse said the passage of the Clarity Act protects American financial interests.

Garlinghouse posted his response on X after officials urged banks to stop resisting crypto legislation. He described the message as extremely pointed and focused on protecting Americans.

The White House warned banks not to undercut the Genius Act during negotiations. Officials also said banks should not hold the Clarity Act hostage while reporting record profits.

Ripple CEO, Clarity Act, and Calls for Legislative Progress

Garlinghouse argued that lawmakers should pass the Clarity Act to reduce uncertainty across US crypto markets. He wrote on X, “This is about what serves the best interest of Americans.”

He also urged industry leaders to accept practical progress instead of demanding perfect legislation. According to Garlinghouse, clarity for businesses remains better than regulatory chaos.

The Ripple CEO estimated an eighty to ninety percent chance of passage before April ends. He added that negotiations with banks could still produce a compromise if participants act in good faith.

Coinbase Visit and Banking Dispute Over Digital Asset Yield Rules

Meanwhile, Coinbase executives, including CEO Brian Armstrong, visited the White House for meetings on crypto policy. The visit occurred after Armstrong rejected parts of the Senate stablecoin provisions.

Government officials met the delegation while lawmakers continued debating digital asset regulation. Armstrong has previously called for clearer rules governing crypto companies operating in the United States.

The debate over regulation also expanded after comments from JPMorgan CEO Jamie Dimon. Dimon said digital assets paying yield should face the same oversight as banks.

He stated, “If you hold balances and pay interest, that becomes a bank.” Dimon added that such services should follow full banking regulations.

White House crypto adviser Patrick Witt rejected Dimon’s reasoning in a public response. Witt argued that paying yield alone does not automatically require bank-style regulation.

He said the claim contains “deceit” because interest payments do not always create banks. Witt maintained that digital asset services require tailored rules instead of automatic banking treatment.

Discussions between lawmakers, regulators, and industry groups continue as the legislative deadline approaches. Garlinghouse repeated that banks should negotiate in good faith with policymakers.

He said the door for compromise remains wide open during talks. Garlinghouse again stressed that progress on the Clarity Act serves Americans.

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