“The White House is pushing hard on this, and I think that is a big reason why it will get done,” Garlinghouse said. “It needs to get done for U.S. leadership.”

Conceding the bill is not perfect, Garlinghouse said Ripple’s stand on the bill is, “Don’t let perfection be the enemy of progress.” He added that the progress of the CLARITY Act stalled because some in the crypto industry pushed for the bill to be closer to perfect.

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