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If CLARITY Act stalls, SEC-CFTC guidance may become XRP's key regulatory framework in September.

Market News
10 Aug 2026
Coinpaper
View Source
Bullish
If CLARITY Act stalls, SEC-CFTC guidance may become XRP's key regulatory framework in September.

The U.S. Senate missed its chance to vote on the CLARITY Act before the August recess, making September critical for crypto regulation. If the CLARITY Act fails, the existing SEC-CFTC joint guidance from March 2026, which classifies XRP as a digital commodity, could become the main regulatory basis for XRP and the broader crypto market. This would provide clearer regulatory certainty for XRP, helping exchanges, institutions, and businesses operate with less legal ambiguity. However, this guidance is not the same as legislation, so passing the CLARITY Act would still offer stronger, legally backed rules. September will reveal whether regulatory clarity for XRP comes from new laws or existing agency interpretations.

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