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Trump meets Republican senators to push CLARITY Act, while Ripple warns against regulatory gaps after FTX collapse.

Market News
16 Jul 2026
Crypto news
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Neutral
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President Trump is meeting with Republican senators to discuss the CLARITY Act, a bill aimed at regulating the crypto market. Ripple has urged lawmakers to pass the bill, warning that rejecting it would leave regulatory gaps open, similar to those that contributed to the FTX collapse. The bill faces challenges, including disagreements over ethics provisions and a tightening legislative deadline, with Polymarket showing a 41% chance of it becoming law in 2026.

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