Congress has 24 days to vote on the bill that just repriced XRP.
At Wednesday's White House crypto meeting, President Trump urged Congress to pass "a fair version of the CLARITY Act," with SEC Chair Paul Atkins and Ripple CEO Brad Garlinghouse in the room. The Senate vote is set for Sept 15 and needs 60 votes to advance (24/7 Wall St).
CLARITY is the market-structure bill that decides SEC vs CFTC jurisdiction, meaning whether a token is treated as a security or a listed digital commodity. Payment and settlement names carry the heaviest legal overhang, so they repriced hardest.
$XRP is up roughly 40% on the week. It tagged $1.70 in the last 24h, then gave back 12% to $1.49 - a market front-running an outcome the Senate has not delivered $ETH
Does the 60-vote math get there, or is this pricing a vote that slips?
#Write2Earn #XRP #Regulation #CryptoNews
Not financial advice. DYOR.
At Wednesday's White House crypto meeting, President Trump urged Congress to pass "a fair version of the CLARITY Act," with SEC Chair Paul Atkins and Ripple CEO Brad Garlinghouse in the room. The Senate vote is set for Sept 15 and needs 60 votes to advance (24/7 Wall St).
CLARITY is the market-structure bill that decides SEC vs CFTC jurisdiction, meaning whether a token is treated as a security or a listed digital commodity. Payment and settlement names carry the heaviest legal overhang, so they repriced hardest.
$XRP is up roughly 40% on the week. It tagged $1.70 in the last 24h, then gave back 12% to $1.49 - a market front-running an outcome the Senate has not delivered $ETH
Does the 60-vote math get there, or is this pricing a vote that slips?
#Write2Earn #XRP #Regulation #CryptoNews
Not financial advice. DYOR.