CLARITY Act: Ripple CLO urges Senate to hear crypto holders

Analysis
Ripple's chief legal officer is shifting the lobbying strategy around the CLARITY Act from institutional voices to retail crypto holders, arguing that roughly 67 million American digital asset owners deserve direct representation in the Senate debate. The Sep. 15 cloture vote is only a procedural step requiring 60 votes to open debate, not a final passage, which means the bill's fate remains uncertain even if this threshold is cleared. Disputes over ethics rules, stablecoin rewards, and DeFi protections suggest substantive amendments are still needed, and Republican senators have publicly warned the legislation could fail without further compromise. The effectiveness of Alderoty's outreach to undecided senators, combined with grassroots pressure from groups like Stand With Crypto, will likely determine whether the measure advances. Observers should watch for any announced senator position changes before the vote and for potential compromise language addressing the contested provisions.

If you have any feedback or questions about this content, please contact us at crypto.news@kcex.com

The post CLARITY Act: Ripple CLO urges Senate to hear crypto holders appeared on BitcoinEthereumNews.com.

Ripple Chief Legal Officer Stuart Alderoty has urged undecided and opposing senators to hear from an estimated 67 million American crypto holders before the CLARITY Act faces a 60-vote procedural test on Sep. 15. Summary Alderoty has contacted Senate offices and asked lawmakers to speak directly with crypto holders. The Sep. 15 cloture vote requires 60 senators and would open debate, not pass the bill. Ethics rules, stablecoin rewards, and protections for decentralized finance remain points of dispute. Republican senators have warned that the bill could fail without further compromise. Alderoty asks senators to meet crypto holders Ripple Chief Legal Officer Stuart Alderoty said in a post that he had contacted the offices of senators who either oppose the CLARITY Act or have not decided how they will vote. With the procedural vote approaching, Alderoty asked those lawmakers to meet “real people with digital assets” and hear how federal crypto rules could affect them. He argued that senators should listen to individual holders rather than limit their discussions to lobbyists, industry executives, and trade groups. The Ripple executive based his appeal on research from the National Cryptocurrency Association, which estimates that about 67 million people in the United States own cryptocurrency. According to the association’s 2026 survey, around one in four American adults holds some form of digital asset. Alderoty said the size of the holder population gives individuals a direct stake in legislation that could change how tokens, trading platforms, and other crypto services operate in the United States. His request also adds a retail-focused argument to a lobbying campaign that has largely centered on companies, banks, and Washington policy groups. Reuters reported on Sep. 9 that Stand With Crypto supporters called or emailed members of Congress nearly 50,000 times during August. The advocacy group also arranged meetings and…

Disclaimer: The articles reposted on this website are sourced from public platforms and are for reference only. These articles do not represent the views or opinions of KCEX. All copyrights belong to the original authors. If you believe that any reposted article infringes upon the rights of a third party, please contact crypto.news@kcex.com for removal. KCEX makes no representations or warranties regarding the timeliness, accuracy, or completeness of reposted articles, and shall not be liable for any actions or decisions made based on such content. Reposted materials are for informational purposes only and do not constitute advice, endorsement, or basis for any commercial, financial, legal, and/or tax decisions.