Ripple CEO Slams JPMorgan Over Misrepresentation of Crypto Framework Bill

Ripple CEO Brad Garlinghouse has intensified criticism of JPMorgan's Jamie Dimon for misrepresenting the CLARITY Act, a proposed US crypto market framework.

The dispute arrives at a pivotal moment for digital asset regulation and could shape institutional adoption in the months ahead.

Garlinghouse argued that public opposition to the bill misrepresented its purpose, which is to strengthen legal certainty while supporting innovation and investor protection.

The CLARITY Act clarifies responsibilities among financial agencies and separates oversight responsibilities, according to Garlinghouse.

Supporters of the measure believe clearer rules could reduce uncertainty that has slowed institutional participation in the United States.