XRP Holds Ground at $1 as CFTC Weighs in on Digital Asset Trading

XRP has maintained its price above $1 by just one cent since the CLARITY Act failed to pass in the US Senate, a development that had been seen as potentially positive for the cryptocurrency.

However, the Commodity Futures Trading Commission (CFTC) has stepped in with new guidance on digital asset trading platforms, adding to the uncertainty surrounding XRP's future.

The CLARITY Act aimed to provide clarity on the regulatory framework for digital assets, but its failure has left many wondering about the potential implications for cryptocurrencies like XRP.