瑞波CEO称加密货币增长不取决于“清晰度”

Ripple CEO Garlinghouse：即使CLARITY法案未通过，加密货币的长期发展仍将由技术优势主导

Ripple首席执行官Brad Garlinghouse表示，尽管他继续支持针对数字资产的联邦市场结构立法，但加密货币的长期发展并不取决于《CLARITY法案》（H.R. 3633）的通过。Garlinghouse强调，更优越的加密技术能够在立法受阻的情况下保持其生命力。

参议院投票结果与立法僵局

9月15日，美国参议院以49票赞成、50票反对的结果驳回了关于推进H.R. 3633法案的终止辩论动议（cloture motion），该法案距离所需的60票门槛还差一票。此次投票并非对法案最终通过的表决，而是程序性步骤。

共和党参议员Susan Collins、Josh Hawley、Jerry Moran和Thom Tillis加入了反对终止辩论的行列。据报道，Tillis改变立场投下反对票是一种程序性策略，旨在为日后重新考虑该动议保留可能性。官方记录显示，最终结果为49票赞成、50票反对，这与部分早期报道中所述的50-49结果不同。

Despite revisions before the vote, differences remain on ethics, stablecoin provisions, banking issues and financial crime protection. Senate Banking Committee Chairman Tim Scott supports advancing the bill and said the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) should use existing powers to develop workable rules while lawmakers continue to work. Minority Leader Elizabeth Warren opposed the measure and called for further negotiations, noting that the bill covered issues such as national security, financial stability, consumer protection and ethics.

Garlinghouse's view: Technology is better than legislation

At a digital economy event held in Kansas City on September 15, Garlinghouse delivered a speech with the theme of "The Disruption of Digital Assets." He pointed out that existing financial infrastructure has failed to keep pace with new technologies. He believes that if you have better, faster, and stronger technology, this technology will usually win out of the competition.

Garlinghouse questioned why the United States would risk giving other countries an advantage because many G20 jurisdictions have established regulatory frameworks for cryptocurrencies. He emphasized that this represented his assessment of U.S. competitiveness rather than a formal conclusion from U.S. regulators. Previously, Garlinghouse had repeatedly called on Congress to advance the CLARITY Act and believed that if policymakers completed the U.S. regulatory framework, making the United States the main center of digital assets would still be "within reach."

Ripple's Statement on the Legal Status of XRP

After the Senate vote failed, Ripple issued a formal response, saying the result did not change its view of XRP's current regulatory status in the United States. In a September 15 statement, the company noted that it had spent more than $150 million in litigation with the SEC and cited previous court cases and subsequent federal regulatory guidance to discuss the status of XRP.

According to an interpretation document released by the SEC on March 17, XRP is classified as a "digital commodity" along with Bitcoin, Ethereum and Solana. The interpretation was jointly issued by the SEC and the CFTC, and the CFTC said it would consistently implement the Commodity Exchange Act based on the interpretation. However, it needs to be distinguished that this document is an interpretative opinion of the SEC and not a law enacted by Congress. The SEC itself has said the move is intended to complement Congress's efforts to develop a comprehensive market structure framework.

Ripple stated that despite the failure to pass the CLARITY Act, the company will continue to participate in the regulatory work of the SEC and the CFTC, and is confident in the classification of XRP as a digital commodity, while continuing to advocate the legislative process of incorporating federal cryptocurrency market rules into the law.

Market reactions and future prospects

As the legislative outlook is unclear, the crypto market has fluctuated. Bitcoin reportedly fell more than 5%, its largest one-day percentage decline since June. Shares of Coinbase and Circle fell as much as 10% during trading hours. In addition, leveraged positions suffered heavy losses. According to data, the exchange cleared approximately US$571 million in long-term positions within 24 hours, of which Bitcoin and Ethereum multiple positions each accounted for approximately US$190 million.

Garlinghouse在堪萨斯城的评论并未对XRP或加密市场做出价格预测，而是强调他所认为的高效技术的采用将在更长时期内持续，不受单次国会投票的影响。

目前，随着H.R. 3633陷入停滞，联邦机构保留其现有的法定权力，而国会正在考虑是否重新审议该立法。SEC主席Paul Atkins将该指导方针描述为桥梁，以便在国会进行两党立法工作时发挥作用。Ripple表示，其支付、稳定币和机构业务将继续按照既定战略运营，而其美国政策团队将继续致力于推动法定规则的制定。