Crypto
CLARITY Act Hinges on Ethics Language as XRP Price Tests Resistance
The CLARITY Act has become a crucial policy trigger for crypto traders as the XRP price remains near the $1.10 area.
The latest Senate draft combines Banking and Agriculture Committee text, adding an ethics provision that is now a major point of contention between Democrats.
A motion to proceed could open formal Senate consideration, but the August 7 recess leaves little room for delay. The bill needs 60 Senate votes, and Democrats want stronger limits on official crypto ties, consumer protection, illicit finance, conflicts of interest, and market integrity.