XRP Clarity Bill Vote Looms as Regulators Seek Legislated Certainty
XRP's status as a digital commodity is set to be cemented in law if the U.S. Clarity bill passes.
Despite already being classified as a commodity by federal regulators, the bill would provide clarity and create a supervisory framework for spot markets.
The classification has been subject to interpretation, with SEC Chair Paul Atkins emphasizing the need for legislation to ensure it is not reversed later.