Ripple CLO: 67 Million People Need Clear Crypto Rules
News By Alex Dovbnya Wed, 13/05/2026 - 20:10 Ripple Chief Legal Officer Stuart Alderoty is sending a clear message to Washington ahead of the high-stakes CLARITY Act markup: cryptocurrency investors are "everyday Americans" who hold significant political power. Advertisement
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Ripple Chief Legal Officer Stuart Alderoty has cited new data that reveals 67 million Americans now hold cryptocurrency.
The data, which came from the National Crypto Association’s (NCA) 2026 State of Crypto Holders Report, has stressed that crypto investors are actually "everyday Americans". Hence, they collectively hold a lot of power and should not be ignored by politicians.
The statement comes just ahead of tomorrow’s high-stakes CLARITY Act markup.
HOT Stories Schwartz: Ripple Doesn't Control Consensus Bitcoin (BTC), XRP, Shiba Inu (SHIB), Toncoin (TON) and Zcash (ZEC) Price Analysis for May 13: Hiding Explosive Volatility Potential67 million million holders
California currently leads the nation with 9.5 million holders. Texas follows in second place with 5.94 million holders. Florida (FL) is in third place with 4.71 million holders.
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Even states with the lowest concentrations maintain a minimum of approximately 99,000 holders.
As reported by U.Today, Galaxy CEO Mike Novogratz recently stressed the importance of cryptocurrency innovation in the US, urging the Democrats not to cave to the anti-crypto left on this issue.
AdvertisementRipple's stance on the Clarity Act
Ripple’s leadership has positioned the company as a vocal proponent of the CLARITY Act, framing the legislation as a vital necessity for both the digital asset industry and millions of American citizens.
Alderoty has endorsed the bill's progression. As reported by U.Today, the recent markup is seen as a "meaningful step forward" for the U.S. regulatory landscape by the influential executive.
As reported by U.Today, Garlinghouse has stressed that clarity is better than chaos when it comes to crypto.
This pragmatic stance has been criticized by some members of the cryptocurrency community, including Input Output CEO Charles Hoskinson, who believe that the flawed bill should not be passed.
After various amendments, the key crypto legislation continues to hang in the balance.
#Ripple News #Stuart Alderoty Advertisement
