Ripple CEO: CLARITY Act boosts crypto adoption

Ripple CEO Brad Garlinghouse believes the proposed CLARITY Act could significantly accelerate institutional adoption of cryptocurrencies. Speaking at a Binance event, Garlinghouse emphasized that banks require regulatory certainty to make long-term investment decisions. He suggested that clear guidelines, such as those potentially provided by the CLARITY Act, are crucial for fostering trust and enabling financial institutions to confidently engage with the digital asset market. This regulatory clarity is seen as a key enabler for broader crypto integration.