Ripple (blockchain payments firm) CEO Says CLARITY Act (proposed law) Will Pass by End of April

According to a social media post, Ripple (blockchain payments firm) CEO @bgarlinghouse suggested the CLARITY Act (proposed law) may pass by the end of April.

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Terms & Concepts
  • Blockchain: A distributed ledger that records transactions across a network, enabling tamper-resistant data without a central authority.
  • Proposed law: A legislative bill under consideration that becomes enforceable if approved by a legislature and executive.
  • Ripple: A company that builds payment solutions using blockchain technology for cross-border transactions.