CLARITY Act Senate Vote Looms as Catalyst for XRP Growth

Coinbase's Chief Policy Officer Faryar Shirzad says the CLARITY Act could reach the Senate floor for a procedural vote as early as Wednesday or Thursday, marking significant progress toward establishing clear regulatory framework for the U.S. crypto industry.

The bill has been shaped through bipartisan negotiations and appears to have the support needed to advance, according to Shirzad's comments on NewsNation.

For XRP, the stakes are high as regulatory uncertainty has long been one of its biggest obstacles in the United States. Even after Ripple secured a significant legal victory against the U.S. Securities and Exchange Commission last year, many banks and institutional investors have remained cautious due to the absence of comprehensive federal rules for digital assets.

A clear legal framework could unlock a new wave of institutional adoption, as it would remove compliance risks for exchanges, developers, financial institutions, and blockchain companies, creating a more predictable environment for innovation and investment.