Ripple CEO Brad Garlinghouse warned that the next two weeks are crucial for the US Senate to advance broad crypto legislation tied to the CLARITY Act. The Senate Banking Committee must act soon to keep the bill on track before the midterm elections make progress politically difficult. The bill aims to create federal rules for digital assets and split oversight between the SEC and CFTC. Meanwhile, Ripple has no immediate IPO plans, focusing instead on growth and regulatory clarity amid ongoing SEC litigation over XRP.
Ripple CEO Brad Garlinghouse views the CLARITY Act as the last major regulatory obstacle for XRP to gain wider institutional adoption. The Act aims to provide clearer consumer protection, anti-money laundering, and know-your-customer rules, reducing ...
SBI Holdings has restructured its subsidiary into SBI Digital Practice to focus on building financial infrastructure on the Canton Network, which connects over 600 institutions and supports $6 trillion in assets. This move broadens SBI's blockchain s...
XRP ETFs recorded a net inflow of $592,470 on July 27, bringing total inflows to about $1.50 billion, but recent demand has slowed significantly. The price of XRP has declined to around $1.06, approaching the critical $1.00–$1.02 support zone, with t...
Clear Creek Financial Management disclosed $15.1 million in crypto exchange-traded funds (ETFs) across Bitcoin, Ethereum, XRP, and Solana in its latest US regulatory filing. Bitcoin ETFs led with about $10.4 million, primarily in Bitwise’s BITB fund,...
Cryptocurrency markets saw a general decline with Bitcoin falling 1.72% to $63,743 and Ethereum down 1.24% to $1,916. Several altcoins experienced sharper drops, including SHIB down nearly 7% and NEAR down over 7%. Stablecoins remained steady around ...
