Brad Garlinghouse stated that the CLARITY Act is absolutely essential for future entrepreneurs.

According to a report by Bijie Network: Ripple CEO Brad Garlinghouse expressed appreciation for the U.S. Senate Agriculture Committee's advancement of the cryptocurrency market structure bill, stating that the bill provides necessary regulatory clarity by clearly defining the responsibilities of the Commodity Futures Trading Commission (CFTC) in the digital commodity sector. He believes this move will put an end to the "chaotic situation" of regulation by enforcement, is expected to alleviate uncertainties such as the lawsuit brought by the Securities and Exchange Commission (SEC) against Ripple, and will help consolidate the United States' leadership in cryptocurrency innovation. Meanwhile, Ripple is expanding its global business, establishing a partnership with Saudi fintech company Jeel, and collaborating with Turkey's Garanti BBVA Bank to provide institutional custody solutions.