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Senator Kennedy urges vote on CLARITY Act to clarify crypto rules, boosting XRP and Ripple's US growth prospects.

Market News
05 Aug 2026
Coinpaper
View Source
Bullish
pluang ai news

Senator John Kennedy is pushing for a vote on the CLARITY Act before the August recess, aiming to establish clear U.S. regulations for digital assets. This legislation would define when tokens like XRP are securities or commodities, providing legal certainty that Ripple and the broader crypto industry have long sought. Clear rules could unlock institutional investment, expand adoption, and strengthen the U.S. crypto market. If passed, the bill could accelerate Ripple's domestic growth and improve investor confidence in XRP.

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