US Senate Delays CLARITY Act Vote Until September, Leaving XRP Regulatory Status Uncertain
The US Senate has delayed the vote on the CLARITY Act, a key crypto regulation bill, to prioritize other legislative matters. This postponement leaves the regulatory status of XRP uncertain despite its court victory that argued it is not a security.
XRP supporters feel protected by the court ruling, but critics warn that only legislation can provide lasting regulatory clarity. The bill's passage now seems unlikely before September, prolonging uncertainty for XRP and the broader crypto market.