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XRP Cryptocurrency commentators pay attention to Brad Garlinghouse's remarks on regulation
A new tweet from a cryptocurrency commentator "X Finance Bull" has brought public attention to Ripple CEO Brad Garlinghouse's comments on regulation, Ripple's four-year legal battle with the U.S. Securities and Exchange Commission (SEC), and the company's support for the CLARITY Act. The post noted that Ripple's experience in its game with the SEC further consolidates its position that the broader U.S. cryptocurrency industry needs clear regulatory rules.
Gary Linhaus emphasizes that Ripple has 75 licenses
In the video accompanying the tweet, Ripple CEO Brad Gary Linhaus spoke at the 3rd Wyoming Blockchain Symposium, explaining the company's attitude towards regulation. He refuted claims that the cryptocurrency industry opposes regulatory oversight.
"The idea of believing that cryptocurrencies is anti-regulated is completely the opposite," Gary Linhaus said, adding that the industry actively seeks regulation. He cited Ripple's regulatory progress as an example, pointing out that the company holds 75 licenses worldwide. His comments emphasized Ripple's commitment to operating within established regulatory frameworks rather than avoiding regulation.
Listen carefully to Brad Garlinhaus's speech on Ripple, Native Assets and the CLARITY Act. [TAG 12] Ripple has been in a four-year legal battle with the SEC and now holds 75 licenses worldwide.
Bullard's conclusion is not to evade supervision, but to the contrary.
He hopes that the entire U.S. cryptocurrency industry will have clear rules...
"X Finance Bull" focuses on this view, establishing Ripple's position reflects the U.S. cryptocurrency industry's broad push for regulatory certainty.
Ripple supports the CLARITY Act
Gary Linhaus also talked about Ripple's experience with the SEC and explained why the company continues to support the CLARITY Act despite the significant legal clarity that XRP already has.
According to Gary Linhaus, Ripple has gone through a four-year legal battle with the U.S. government and the SEC. He cited a federal court ruling that XRP itself was not a security, saying the decision brought "clarity to XRP." However, he emphasized that Ripple does not believe the result will be enough to benefit the entire industry.
"To succeed in the United States, we need to provide clarity across the industry," Gary Linhaus said. He added that Ripple has been "heavily committed" to supporting the CLARITY Act.
His comments suggest that Ripple believes the importance of comprehensive legislation is not limited to its own legal status. The company is seeking to establish clearer rules so that companies can better operate in the cryptocurrency industry.
Focus shifts to future outlook
Gary Linghouse also mentioned that he attended a presentation by Tim Scott and Patrick Witt at the Wyoming blockchain seminar, where they discussed the possibility and path of passage of the bill.
"X Finance Bull" links these comments to a broader question: If the CLARITY Act becomes law, where will Ripple and XRP go? The commentator said Ripple has not tried to stay away from regulation after its battle with the SEC, but instead advocates a framework that provides greater certainty for the entire U.S. market.
Comments under the post also reflect this view. User Maddio0104 praised Gary Linghouse's pursuit of regulatory clarity as a "smart move", while 8ends argued that clear rules could promote greater adoption rates because companies cannot effectively expand in the face of regulatory uncertainty.
For "X Finance Bull", the current core question is whether the regulatory clarity Ripple has sought over the years can be extended from XRP to the broader U.S. cryptocurrency industry through legislative measures such as the CLARITY Act.
