Ripple CEO Brad Garlinghouse on Thursday commented on the CLARITY Act, saying ” “we’re so close we can’t give up now” with regards to delayed crypto bill after Coinbase Global Inc. (NASDAQ:COIN) withdrew support.

Garlinghouse Defends The Bill

Garlinghouse called the CLARITY Act a “massive step forward” despite its flaws, arguing that regulatory clarity beats chaos after Ripple’s five-year legal battle with the SEC over XRP (CRYPTO: XRP).

“Clarity is always better than chaos,” Garlinghouse said, adding that “perfection is the enemy of good” when creating new legislation.

He acknowledged the bill isn’t perfect but stressed that even flawed legislation provides…

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