Ripple CEO Brad Garlinghouse on Thursday commented on the CLARITY Act, saying ” “we’re so close we can’t give up now” with regards to delayed crypto bill after Coinbase Global Inc. (NASDAQ:COIN) withdrew support.
Garlinghouse Defends The Bill
Garlinghouse called the CLARITY Act a “massive step forward” despite its flaws, arguing that regulatory clarity beats chaos after Ripple’s five-year legal battle with the SEC over XRP (CRYPTO: XRP).
“Clarity is always better than chaos,” Garlinghouse said, adding that “perfection is the enemy of good” when creating new legislation.
He acknowledged the bill isn’t perfect but stressed that even …