Ripple CEO Brad Garlinghouse maintains optimism for US crypto industry

Ripple CEO Brad Garlinghouse remains optimistic about the future of cryptocurrency in the United States despite the recent failure of the CLARITY Act in the Senate, which fell short of the 60 votes required for a final vote. Following a long legal battle with the SEC that concluded with a $125 million fine, Ripple has shifted its focus toward growth, including four major acquisitions and applications for a federal banking license. Garlinghouse expressed confidence that regulators, including the SEC under Paul Atkins and the CFTC under Michael Selig, will continue to work toward filling the current legislative void.