Key Takeaways:
- Ripple’s stance is that without the CLARITY Act, cryptocurrency investors are susceptible to regulatory loopholes and fraud.
- The proposal would set out the SEC’s and CFTC’s regulatory requirements and would establish oversight prior to digital assets hitting the market.
- Ripple is declaring that the law isn’t intended to benefit the crypto industry, but to protect consumers.
Ripple is stepping up its pressure on the U.S. Senate as it heads to a vote on the CLARITY Act, arguing that the legislation is designed to serve digital asset consumers, not just the crypto industry.
Ripple Pushes Consumer Protection Message
Ripple’s Global Co-Head of Public Policy and Government, Lauren Belive, said voting against the CLARITY Act would leave consumers exposed to the same regulatory gaps that contributed to high-profile failures such as FTX.
Voting no on the Clarity Act isn’t being against the crypto industry – it’s anti-consumer. It’s a vote to leave crypto holders exposed to bad actors playing regulatory arbitrage.
The bipartisan Clarity Act is now advancing towards a vote on the Senate floor, and it is a vote…
— Lauren Belive (@BeliveLauren) July 15, 2026
Belive said the digital asset markets have seen explosive growth without a commensurate increase in federal regulations. She explained there are still a lot of questions about which regulator would be responsible for various assets and which exchanges and token issuers are protected.
Ripple says the law itself should not be considered an industry friendly bill, but an attempt to set out principles for digital assets before they go public.
Read More: Trump Pushes CLARITY Act, Warns China Could Dominate Crypto and AI in High-Stakes Race
CLARITY Act Would Divide Oversight Between SEC and CFTC
The bill would create a clearer separation of duties between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
A Unified Regulatory Framework
Ripple says the bill would require digital asset projects to meet regulatory standards before launching tokens while giving both agencies clearly defined authority over different parts of the market.
Belive argued that responsible companies already follow high compliance standards, but relying on voluntary practices is not enough to protect consumers. A consistent regulatory framework, she said, would create equal rules for all market participants and reduce opportunities for regulatory arbitrage.
The executive also warned that maintaining today’s fragmented system would continue leaving investors uncertain about who regulates crypto businesses and what legal safeguards exist.
Read More: CLARITY Act Nears Senate Vote as Solana Pushes Critical Crypto Developer Protections
Senate Vote Draws Growing Industry Support
As momentum gathers on the bipartisan bill ahead of a vote on the Senate floor, ripple effects of the changes ripple out.
It has always pushed for better regulation of digital assets, stating that sound and sensible regulations could foster responsible innovation in the United States and create more consumer confidence.
Belive also took to the political stage and raised objections to the lawmakers who claim to be pro-regulation but who are against the bill thereby allowing them to effectively “maintain” the same environment that led to the demise of consumers in past cryptocurrency crashes.
Her comments come on the heels of other comments by parts of the crypto industry encouraging Congress to come up with a clear legal path.
