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Ripple lawyer warns rejecting CLARITY Act keeps crypto vulnerable to bad actors amid Trump crypto push.

Market News
16 Jul 2026
Dailycoin
View Source
Bullish
pluang ai news

Ripple's Chief Legal Officer Stuart Alderoty criticized votes against the bipartisan CLARITY Act, saying they perpetuate unregulated crypto conditions that bad actors exploit. The Act aims to clarify regulatory boundaries between the SEC and CFTC, classifying many digital assets as commodities to provide legal certainty, especially for XRP and Ripple. This clarity could unlock institutional investment, speed ETF approvals, and enhance consumer protections. Despite political tensions over Trump's crypto holdings, the bill is seen as the best chance for meaningful crypto regulation in the U.S., with lawmakers racing to pass it before the Senate recess.

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