🚨JUST IN: The Clarity Act ADVANCES out of the Senate Banking Committee in a 15-9 bipartisan vote, with two Democrats voting in favor: @SenRubenGallego and @Sen_Alsobrooks.
Next stop: the full Senate.
@LBC This is disgraceful, politicians are the problem and people who are high up in government, you are punishing children, while you got half the government and police the are peodos and how can kids stops anything like this, you should punished people who those who abuse the interne
Great to be back on with @MariaBartiromo discussing Ripple’s banner year and accelerating momentum as we start 2026.
Already, we are actively seeing Boards and CEOs pushing their CFOs and treasurers to understand how they can leverage and benefit from stablecoins. For corporates, there's no question that stablecoins are the gateway into crypto. Institutional adoption 🤝 real-world utility.
https://t.co/WfSPi73vzH
🚨NEW: White House meeting just wrapped. More color soon.
For now, additional crypto attendees: A rep from stablecoin issuer @Paxos and @_jikim, CEO of @crypto_council. Some Senate Banking Committee staffers and folks from the White House Crypto Council were also in the room.
🚨NEW: Details from the White House stablecoin yield meeting, per banking and crypto sources in the room:
People on both sides called the meeting ‘productive,’ but, again, no compromise was reached by the end of the meeting. However, deal specifics were discussed in more detail today.
For example, banks and the banking trades came prepared with a written set of ‘prohibition principles’ (in the pic below) which detailed what they are willing and not willing to compromise on when it comes to stablecoin rewards. One source pointed out a key concession from the banks being the “any proposed exemption” language in paragraph two, because they were previously unwilling to discuss any exemptions with respect to offering rewards on a transaction-based basis at all.
Chief Legal Officer at @Ripple, @s_alderoty, said “compromise is in the air.”
There was heavy focus on so-called “permissible activities,” aka what kinds of account activity could be allowed in order for crypto firms to offer rewards. Crypto wants definitions on this to be broad, banks want it to be narrowed.
For next steps, further discussions between the present parties are expected to happen in the coming days, but it’s unclear whether another meeting of this scale will take place before the end of the month. The White House has urged both parties to reach a deal on the matter by March 1st.
This gathering was also notably smaller than the first one. Led by Executive Director of the President’s Crypto Council @patrickjwitt, Senate Banking Committee staff were also present. On the crypto side, attendees included @iampaulgrewal of @coinbase, @milesjennings of @a16z, @s_alderoty of @Ripple, @JoshRosner from @Paxos, @SummerMersinger of @BlockchainAssn and @_jikim of @crypto_council.
Banks in the room were @GoldmanSachs, @jpmorgan, @BankofAmerica, @WellsFargo, @Citi, @PNCBank and @usbank, along with trade groups @bankpolicy, @ABABankers and @ICBA.
Bottom line: It was a smaller, more productive meeting than the first and both sides are talking about ways to solve the issues at hand, but no final resolution has been reached yet.
🚨SCOOP: The next iteration of the White House stablecoin yield discussions between crypto and the banks has been scheduled for Tuesday, a source within the banking industry tells me. The confab will again be staff-level, but this time representatives from the banks themselves will be present, alongside industry trade groups.
More to come on expected attendees.
@LBC I disagree, yeah Mr Trump his is own person, but they have been exposed of tempering with a video, simply as that , they should be sent to prison . How many times have they done this in the past, you got ask your self covering up jimmy and the rest for years. Scary times live i
🚨BREAKING (I rarely use that term anymore, but this time I think it’s warranted 😁): All *three* crypto bills just passed the House and the GENIUS Act is now headed to @realDonaldTrump’s desk to become the first major piece of crypto legislation signed into law.
Despite the last few days of drama and uncertainty, Democrats and Republicans really showed up, voting in a much more bipartisan fashion than almost anyone expected.
Let’s recap:
📌The CLARITY Act passed in a vote of 294-134 with 78 Democrats voting in favor — more than double the ~35 expected, and more than the 71 who voted to pass FIT21 last year.
📌The GENIUS Act passed in a vote of 308-122 with 102 Democrats voting in favor.
📌The Anti-CBDC Act passed in a vote of 219-210 with 2 Democrats voting in favor.
The signing ceremony for the GENIUS Act is set for tomorrow afternoon at the White House.
A fitting (and happy) end to Crypto Week.
🚨NEW: The Anti-CBDC Act just passed the House in a vote of 219-210 with just 2 Democrats voting in favor. Much more partisan, but that was expected.
That concludes the voting on crypto bills!
🚨NEW: A House Democrat helping whip votes for the crypto bills just told me that if all goes as planned, they’re expecting around 35 Dem votes in favor of CLARITY this afternoon, which is expected to hit the floor first around 4PM.
GENIUS, they said, could see anywhere from 70 to 80 Democrats voting yes.
BREAKING: 🇺🇸 SENATOR FRENCH HILL JUST URGED THE U.S. TO PASS THE #BITCOIN CRYPTO MARKET STRUCTURE BILL ON THE HOUSE FLOOR!
CRYPTO ADOPTION IT’S HERE!! 💥📈
🚨 BREAKING:
A TOP DEMOCRAT HAS CONFIRMED LIVE ON CNBC THAT THEY WILL NOT BLOCK THE CRYPTO MARKET STRUCTURE BILL! 🇺🇸
FULL REGULATORY CLARITY INCOMING! 🙌🏼 #XRP
⚠️ BREAKING:
FINANCIAL SERVICES CHAIR FRENCH HILL ASSERTS THAT ALL THREE CRYPTO BILLS HAVE ENOUGH VOTES TO PROCEED TO THE NEXT STAGE OF THE LEGISLATIVE PROCESS! 🇺🇸 #XRP
The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…
Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC’s request. All subject to Commission vote, drafting of final documents and usual court processes.
That’s all folks!