The U.S. Clarity Act has prompted varied reactions within the cryptocurrency sector. Coinbase recently withdrew its support for the bill. Reports indicate the White House has threatened to withdraw its backing if industry consensus is not achieved.
Despite the tension, Ripple CEO Brad Garlinghouse has taken a cooperative approach. He emphasizes securing regulatory clarity even if the bill is not perfect.
Garlinghouse argues that establishing workable rules now provides a foundation for further improvements. His stance prioritizes engagement with lawmakers over outright opposition.
Charles Hoskinson Calls Out Ripple CEO
In contrast, Cardano founder Charles Hoskinson has voiced strong criticism of those willing to accept the bill in its current form.
In a recent video shared by XRP Ledger validator Vet (@Vet_X0), Hoskinson said this collaborative approach would “Hand it to the same people who sued us. Handed to the same people who put us out of business, who subpoenaed us, who put us in jail.”
Hoskinson claimed that the bill was written by Elizabeth Warren. While this is unverified, Coinbase CEO Brian Armstrong shares Hoskinson’s sentiment. When withdrawing support, Armstrong described the bill as “materially worse than the status quo.”
How about focusing on helping shape the Clarity Bill instead of crashing out on Brad for no reason, Charles? pic.twitter.com/3jDHUiEbNp
— Vet (@Vet_X0) January 18, 2026
A Call for Collaboration
Hoskinson further criticized Garlinghouse’s approach, asking, “That’s better? That’s what we fought for?” As the CEO of the company that was involved in the longest legal battle with the SEC, many would assume Garlinghouse would take a more critical stance toward the bill. However, Garlinghouse has always taken a more inclusive approach to cryptocurrency adoption and regulation.
Hoskinson’s comments were criticized by many in the XRP army, with some commenters calling him out for complaining without providing a solution. Vet also urged Hoskinson to focus on shaping the Clarity Act rather than criticizing Garlinghouse.
Engagement with the legislative process allows the crypto industry to influence provisions and create a workable framework. This approach aligns with Garlinghouse’s stance, advocating active participation over withdrawal.
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Securing Clarity Through Engagement
Industry consensus appears critical at this stage. Former Fox Business journalist Eleanor Terrett reported that the White House may withdraw support for the bill if Coinbase does not come back to the table. Garlinghouse’s position highlights a pragmatic strategy. By accepting partial clarity now, the sector can secure foundational regulatory clarity.
The crypto industry already took a major step forward with the Genius Act in 2025. Engaging now could prevent prolonged uncertainty and support continued innovation. Input from major players, including Coinbase, Ripple, and other stakeholders, can determine whether the legislation advances or faces delays.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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