XRP Plunges Over 8% as Senate Stalls CLARITY Act
The setback leaves XRP's treatment intact but shifts the near-term rulebook toward agency guidance, which regulators can revise.
Executive and legislative crypto policy — central bank stances, country-level rules, and CBDC rollouts.
The setback leaves XRP's treatment intact but shifts the near-term rulebook toward agency guidance, which regulators can revise.
The delay pushes a federal Bitcoin reserve proposal past its expected committee checkpoint, leaving the timing of its next legislative step open.
The crypto market structure bill survives on the Senate calendar, but JPMorgan counts only about two and a half weeks of Senate time left before midterms, pushing the focus toward SEC and CFTC…
Stani Kulechov says growing adoption could force Washington's hand, while Aave's new real-world asset hub on Avalanche targets institutional lending in tokenized securities.
Wall Street's embrace of tokenized securities and stablecoins has widened crypto's addressable market, and Lee says leverage, the cycle clock and the CLARITY Act all point the same way.
The Digital Asset Tax Certainty Act clears committee with massive bipartisan support just 24 hours after the Clarity Act collapsed in the Senate, keeping small-payment tax relief alive this session.
The pledge puts the SEC at the center of the US policy timetable, a key signal for institutions assessing digital-asset products and exposure.
The CLARITY Act's Senate failure knocked XRP down 7% and dragged the majors to their lows, leaving ZEC as the only large-cap in the green with a quarter-point Fed hike already priced in.
The Senate tally fell short of the 60 votes needed, but the CFTC and SEC had already begun building crypto market structure rules with existing authority, and stablecoin law is on a separate track…
Reframes US crypto regulation as agency-led rulemaking, not congressional legislation, after Selig called the Senate vote 'unfortunate.' The binding constraint now sits at the CFTC, not Congress.
The Senate falling roughly 10 votes short kills market structure legislation for the year, and $570M in futures liquidations show how leveraged longs paid for it.
The Senate's 49-50 cloture failure wiped out near-term regulatory upside just as 5% Treasury yields and $105 oil squeeze risk assets, putting Warsh's FOMC decision and the $70K 200-day average in…
By moving through executive rulemaking rather than statute, the CFTC can draw the crypto perimeter in months, but the next administration can redraw it just as fast.
For years the market has waited on Washington to settle the digital asset perimeter. The CFTC signals it will draw those lines itself under existing authority, faster than any bill could land.
The draft exemptions kick in from October 2027 and cover transfers, exchange and repos, but lending-style transfers and swaps into assets like Bitcoin stay regulated.
With the CLARITY bill stalled, Bernstein argues regulators will fill the vacuum themselves, and that faster agency action could be a net positive for institutional crypto adoption.
The procedural defeat hands rulemaking to the SEC and CFTC, with Bernstein expecting 'aggressive and swift' agency action and Senator Lummis floating 2030 as the next realistic legislative window.
The Strategy chairman's read: regulatory momentum is now coming from the banking side, not Congress, and custody plus credit against Bitcoin holdings is the next institutional front.
Correlations with the dollar, stocks and gold have all collapsed, leaving hedges built on bitcoin's equity link unreliable just as the Fed decides rates.
The FCA will not compel lenders to process crypto rails once its October 2027 regime takes effect. With nine of ten top UK banks already blocking transfers, the ceiling on UK retail crypto adoption…