CLARITY Act heads to Senate floor vote after 294–134 House passage, could lock in XRP commodity status
AI Market Summary
The U.S. CLARITY Act has cleared the House and Senate Banking Committee and is nearing a full Senate vote, potentially codifying federal digital-asset classification. With SEC and CFTC already treating XRP as a commodity, passage would likely reduce legal and regulatory overhang by anchoring XRP's status in statute. This raises near-term sensitivity in XRP to legislative headlines and broader crypto regulatory clarity.
Impact level
● High
Affected assets
XRP/USDT+4.40%
AI Insight · XRP/USDTAI Insight
▲ Bullish
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The U.S. CLARITY Act has passed the House 294–134 and cleared the Senate Banking Committee 15–9, leaving a Senate floor vote as the next step. The bill is designed to clarify how digital assets are classified. The SEC and CFTC have previously agreed that XRP is a commodity. If signed into law, the measure would codify XRP’s commodity status at the federal level and end a long-running dispute over its regulatory classification.
