Ripple CEO Predicts Strong Chance of US Crypto Bill Passage by April

Ripple CEO Brad Garlinghouse has made waves in the crypto community with his prediction that the Digital Asset Market Clarity Act will pass by April, citing a high probability of success.

According to Garlinghouse, a 'logjam' in Washington is finally breaking, and key regulatory bodies are aligning to provide a clearer framework for the industry. The SEC and CFTC are reportedly coordinating through 'Project Crypto,' which suggests that the era of 'regulation by enforcement' is giving way to structured rules.

The passage of the Clarity Act would have significant implications for XRP investors, who would no longer be subject to the gray zone of uncertainty surrounding the token's status as a security. Institutional capital has been hesitant to enter the market due to regulatory concerns, but federal legislation could change that.