Clarity Act Delay Won't Deter XRP's Long-Term Outlook, Vandell Says
Vandell, co-founder of Black Swan Capitalist, addressed concerns about the delayed progress of the U.S. Clarity Act in a recent tweet.
According to Vandell, his investment thesis for XRP has never depended on the legislation becoming law on a specific timeline.
The Clarity Act aims to establish a clearer regulatory framework for cryptocurrencies and digital assets in the United States.
Vandell believes that uncertainty over whether digital assets should be classified as securities or commodities has discouraged large institutions from investing in the sector.