Ripple CEO Predicts ~80% Chance Crypto Market Structure Bill Passes by April
Brad Garlinghouse, CEO of Ripple, has expressed strong optimism that major U.S. crypto market structure legislation — the CLARITY Act — could be passed by the end of April 2026, estimating an ~80 % probability of approval. His comments underscore growing momentum in Washington for clearer federal rules governing digital assets and regulatory certainty for industry participants.
Garlinghouse’s projection comes amid ongoing negotiations between crypto firms, banks and lawmakers over key issues such as stablecoin yield provisions, which have delayed progress in the Senate Banking Committee. He argues that even if the bill isn’t perfect, regulatory clarity is better than continued ambiguity, potentially benefiting the entire digital asset sector.
His optimism echoes broader market expectations — with prediction markets pricing high odds for passage and industry leaders like Coinbase’s Brian Armstrong and Senator Bernie Moreno also targeting April for legislative milestones. Passing the bill could provide a comprehensive framework that clarifies which assets fall under SEC vs. CFTC oversight, reducing years of ambiguity for exchanges, issuers and institutional investors.
Market Implication:
If the CLARITY Act clears Congress by April, it could mark a turning point for U.S. crypto regulation, attracting institutional capital, enhancing compliance certainty and potentially reducing offshore migration of digital asset innovation.