CKo)(XRP

[Tom Emmer @GOPMajorityWhip]

Thank you @SecScottBessent for your support of my Blockchain Regulatory Certainty Act. Republicans in the House, law enforcement stakeholders, and the Trump administration are all in agreement: pass the Clarity Act now!

[Treasury Secretary Scott Bessent @SecScottBessent]

More than a year ago, the House passed the Clarity Act.

There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate Republicans produced a floor-ready product that, as I type this, is waiting for a vote.

It’s disappointing — but not surprising — that Senate Democrats are choosing politics on the cusp of a major victory for American leadership. Find another instance in history where Congress, when given the choice, opted to push an industry out of the United States rather than smartly regulate it. American Exceptionalism was once a bipartisan goal; if Clarity fails, I have serious doubts.

These same Democrats — many of whom have taken millions of dollars from the crypto industry — proclaim that Clarity lacks safeguards for consumers and falls short in countering illicit finance. Nothing could be further from the truth. Titles II and III materially uplift regulatory and compliance obligations for digital asset intermediaries, placing them on similar footing with traditional financial institutions. The Blockchain Regulatory Certainty Act — which Washington lobbyists have spun up as a boogeyman for certain groups of prosecutors and law enforcement — does nothing other than codify longstanding Treasury Department policy that’s remained consistent across Administrations: non-custodial builders and developers are not, and have never been, subject to registration obligations under the Bank Secrecy Act. And at this point, major law enforcement trades that once opposed the bill, including the Fraternal Order of Police, have now endorsed it.

The Senate needs to vote NOW on this landmark legislation. The truth is that Senate Democrats are afraid to advance the Clarity Act as they fear Senator Warren and the “Anti-Crypto Army” she once promised to build. In the days ahead, Leader Thune will put this theory to the test. Will Senate Democrats be on the side of American Exceptionalism, or will they opt to cede American leadership of a global industry for fear of the bespectacled squirrel’s Left flank?

America will lead or America won’t. It’s not more complicated than that. I believe Satoshi once said it best:

“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”

[Crypto Rover @cryptorover]

BREAKING: 🇺🇸 Republicans and Democrats reportedly reached a bipartisan deal on an ethics package in the CLARITY Act.

Details have not yet emerged, and White House approval is still needed.

[Vivek Sen @Vivek4real_]

BREAKING: 🇺🇸 BLOOMBERG JUST ANNOUNCED THAT 10 DEMOCRATS ARE NOW WILLING TO VOTE YES ON THE CRYPTO CLARITY ACT.

THIS IS ABSOLUTELY BULLISH FOR BITCOIN.

IT'S FINALLY HAPPENING 🚀

[Tim Warren @TimWarrenTrades]

Big U-Turn From The "CLARITY ACT DELAYED TO SEPT." Headlines From This Morning.

Bullish. 🐂

[Diana @InvestWithD]

🚨UPDATE: Coinbase EXPECTS Clarity Act Senate Vote NEXT MONDAY 🤯🇺🇸

@Coinbase says the Clarity Act could reach the Senate floor as early as NEXT MONDAY. 👀

Current expectations are:

👉 A Senate vote could happen as early as NEXT MONDAY, according to Coinbase after discussions with Senate leadership

👉 Coinbase says the Clarity Act is READY for final action, calling it an “extraordinarily bipartisan” bill shaped by months of negotiations

👉 The legislation already passed the House with strong bipartisan support, including 78 DEMOCRATS voting in FAVOR

👉 Despite earlier concerns, Senate Majority Leader @johnthune remains COMMITTED to getting the Clarity Act done before the August recess, according to Coinbase

👉 If approved, lawmakers hope to send the Senate into recess with a major bipartisan crypto victory

Prediction markets are currently pricing the bill at around a 45% CHANCE OF PASSING, as negotiations continue to secure the votes needed. ✅

The Clarity Act’s biggest Senate vote could now be just DAYS AWAY…

More updates to come. 👀

[Dom Kwok | EasyA @dom_kwok]

when @kwok_phil and i met with the SEC earlier this year in DC, this was one of the topics we discussed.

while the clarity act is important, it’s not a make it or break it moment for crypto.

the industry will flourish regardless.

[Paul Atkins @SECPaulSAtkins]

I am committed to supporting Congress in advancing the CLARITY Act, including providing technical assistance.

American leadership in the digital finance revolution means matching the energy of American innovators with a regulatory framework worthy of them.

[CKo)(XRP @christopherk862]

@MetaLawMan 😜

[CKo)(XRP @christopherk862]

@allthemoney @Firelightfi Same here, annoying AF!

[Tony Edward (Thinking Crypto Podcast) @thinkingcrypto]

The CLARITY Act is going to pass!

Major Wall Street firms are backing the updated bill, and when they want something they usually get it.

Not to mention, lawmakers who continue to oppose the bill—and crypto more broadly—could face significant political consequences in this year's midterm elections a la the 2024 elections.

[Ryan VanGrack @RVanGrack]

We got our answer. @BlackRock is officially on board.

The world's largest asset manager joins @CharlesSchwab, @Fidelity, @GoldmanSachs in backing Clarity.

Your turn, Congress.

[Jake Claver, QFOP @beyond_broke]

The OCC approved Ripple's application to charter a national trust bank, confirming crypto custody, distributed ledger, and stablecoin activities are permissible for federally chartered banks. That's a federal bank regulator, not a state license.

[CKo)(XRP @christopherk862]

@VincentSco72192 I can Imagine you like him and his music @VincentSco72192 . He ist great! 😎🎸👍

[CKo)(XRP @christopherk862]

@VincentSco72192 You kind of remind ne of Ryan Adams😁🎸

[Stellar Rippler🚀 @Stellar_Rippler]

🇷🇺🤯 Ohh Dear Lord, Putin Just Announced Upgrading Russia’s Financial System Using Blockchain

He says, “The Western Financial System is clearly out of date and the monopoly will no longer continue as we will use international payments using advanced blockchain.”

Why do you think Russian FM said that the BRICS will use a “Neutral Asset” without naming it?

Why do you think Russia put BTC and XRP on their national exchange?

Recently, @DNAOnChain unlocked breakthrough privacy on XRPL via zk-proof credential system by executing the first zk-proof transaction with the XRPL native private, portable token XDNA.

BRICS can now leverage the decentralized XRP Ledger with institutional-grade privacy and India already confessed it!

Stack your $XRP and $XDNA‼️

https://t.co/9wJytHrF3a

[𝗕𝗮𝗻𝗸XRP @BankXRP]

White House responds to Democrats on CLARITY Act ethics fight

Patrick Witt: Trump agreed to a FULL ban on federal officials (President, VP, Congress) issuing or sponsoring digital assets exactly what Dems asked for

Now Dems want MORE (state AG enforcement) and Witt's not having it You don't get to hit two home runs with one swing of the bat"

Time to move this bill forward 🗽

[Vet @Vet_X0]

Never there's been a better time to build on the XRP Ledger with XLS-66 Lending.

Why? Hundreds of millions of XRP looking to be put to use and waiting for products to do so. Evernorth alone has 473,000,000+ XRP for this.

It's a major unlock for capital on XRP and an opportunity for builders.

[Fidelity Public Policy @FidelityPolicy]

Fidelity urges Senate passage of the CLARITY Act. The time is now for clear rules of the road that are essential to strengthening investor confidence, providing certainty for market participants, and reinforcing U.S. leadership in global digital asset markets.