Crypto Brief: Ripple CEO, Brad Garlinghouse, Calls CLARITY Act Within Reach as XRP Runs

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Ripple is trading around $1.44, following a volatile week that saw the token rebound sharply from the $1.31 area and briefly approach $1.48.

XRP has gained roughly 6% to 7% over the past week, although profit-taking has kept the token below its recent highs.

With the market heading into the weekend, traders are increasingly focused on a potential regulatory catalyst later this month.

Ripple CEO Brad Garlinghouse has given traders another reason to keep the CLARITY Act on their radar.

Responding to CFTC Chairman Michael Selig’s comments about the administration’s crypto push, Garlinghouse said that “making America the crypto capital of the world is within reach, let’s finish the job.” 🚨 NEW :Ripple CEO Brad Garlinghouse says "making America the crypto capital of the world is within reach — let's finish the job"Comes less than two weeks before the Senate's September 15 cloture vote on the Clarity ActResponse to CFTC Chair Michael Selig thanking Trump for… pic.twitter.com/tqGncD2U1h The Senate is scheduled to hold a cloture vote on the motion to proceed to the CLARITY Act on September 15 at 2:15 PM ET.