Ripple CLO urges Senate to hear from 67 million crypto holders
Ripple's Chief Legal Officer is urging undecided senators to meet with everyday crypto holders before the CLARITY Act vote, citing the impact on 67 million Americans. However, new details reveal the bill faces a high probability of failure on Sept. 15 due to unresolved disputes over ethics provisions involving the President, with prediction markets pricing the odds of passage at a mere 15%.
New reporting from GN markets/crypto highlights the specific political gridlock threatening the CLARITY Act, with Senate Republicans warning of a likely failure on Sept. 15 due to Democratic demands for ethics language covering the Trump family. While the White House claims a compromise is near, former federal prosecutor Renato Mariotti cites direct reports from congressional staff that the bill is effectively dead, a sentiment reflected in Polymarket odds sitting at just 15% for 2026 passage.
Source: GN markets/crypto (en-US)Ripple Chief Legal Officer Stuart Alderoty contacted undecided senators, citing a 67 million holder base to influence the upcoming CLARITY Act vote.
Source: GN markets/crypto (en-US)
