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.
XRP traded steadily near $1.09, supported by modest institutional inflows via ETFs despite declining retail interest and mixed derivatives data. The key resistance level at $1.12 could trigger momentum if broken, but failure to surpass it may lead to...
Bitcoin and Ethereum posted modest gains of around 1.5% on July 18, reaching $64,083 and $1,844 respectively, while overall crypto trading volumes dropped significantly. This decline in spot and derivatives volumes suggests cautious investor sentimen...
The US and UK have announced a joint taskforce to regulate stablecoins and tokenized assets, emphasizing fully backed stablecoins with high-quality liquid assets to reduce systemic risks. The UK is implementing detailed rules for stablecoin issuers, ...
XRP is approaching a key technical breakout point amid positive regulatory progress in Europe with Ripple gaining approval under the EU's MiCA framework, allowing broader crypto services across 30 countries. However, uncertainty remains in the US due...
Tokenized gold (XAUa) on the XRP Ledger (XRPL) has exceeded $1 million in cumulative trading volume, signaling growing interest in blockchain-based commodities. This milestone highlights XRPL's strengths like 24/7 trading, fast on-chain settlement, a...
