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Senate Democrats challenge Ripple's CLARITY Act over ethics and consumer protections, risking its passage.

Market News
18 Jul 2026
Bitcoin
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Senate Democrats challenge Ripple's CLARITY Act over ethics and consumer protections, risking its passage.

Ripple has renewed its campaign for the CLARITY Act in Washington, D.C., aiming to establish clear cryptocurrency regulations. However, key Senate Democrats oppose the bill due to concerns over insufficient ethics rules, potential conflicts of interest for senior officials, and weak consumer protections against fraud and market manipulation. The bill requires bipartisan support to overcome a Senate filibuster, but Democratic objections put its passage at risk. Moving forward depends on revising the bill to address these concerns and securing the necessary votes before a critical Senate deadline.

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