US Senate crypto bill faces critical two-week window before midterm elections, Ripple CEO warns.

Ripple CEO Brad Garlinghouse warned that the next two weeks are crucial for the US Senate to advance broad crypto legislation tied to the CLARITY Act. The Senate Banking Committee must act soon to keep the bill on track before the midterm elections make progress politically difficult. The bill aims to create federal rules for digital assets and split oversight between the SEC and CFTC. Meanwhile, Ripple has no immediate IPO plans, focusing instead on growth and regulatory clarity amid ongoing SEC litigation over XRP.