Senator McCormick has signaled that the Clarity Act — the landmark U.S. crypto market structure legislation — could reach President Trump's desk as early as this summer, marking one of the fastest-moving windows for crypto regulation in congressional history. The comment landed alongside a notable XRP options trade that has the token pinned in a sideways range through June, suggesting at least one large player is positioning for consolidation rather than a breakout ahead of any legislative catalyst.
The Clarity Act is designed to draw a definitive line between digital assets classified as securities and those treated as commodities, a distinction that has hung over the entire industry — and Ripple's XRP specifically — for years. A signed law would resolve much of that structural uncertainty in one stroke.
The central market question now is what happens to prices once the bill is…
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