The Chief Executive Officer of Ripple Brad Garlinghouse stated that the legal issues of the XRP in the United States had been clearly concluded, but the company still wished to extend this certainty to the entire encryption industry.
The litigation decision became the basis of XRP
He mentioned that the federal judge had made a key finding in Ripple ' s four-year proceedings with the United States Securities and Exchange Commission (SEC) that XRP itself was not a security. Garlinghouse accordingly indicates that this result has provided a clear legal location for XRP.
This statement focuses not only on reviewing the outcome of the proceedings, but also on Ripple's current policy claims. The firm believes that clear conclusions on individual projects are not sufficient to address compliance issues that are common to the industry.
Ripple continues to promote Clarity Act.
Garlinghouse says Ripple is actively supporting Clarity Act. According to him, the company would like to move forward with broader legislative advances to give the encryption industry uniform and clearer legal standards in the United States.
Ripple ' s position is that the market should not rely solely on individual case decisions to confirm token attribution. Companies prefer to pass congressional legislation to provide a more stable regulatory base for the industry than on a case-by-case basis.
The legislative outlook is still influenced by parliamentary progress
Garlinghouse also mentioned that US Congressman Tim Scott and Patrick Whit had been more optimistic at the same event, which had also strengthened his confidence in the future of the bill.
However, from the information available, Ripple's judgement reflects more of its expectations of the legislative process. For the market, this expression shows that companies are shifting their focus from a single result of litigation to a broader policy push.