XRP
Ripple Affirms XRP Regulatory Standing Following Senate Rejection of CLARITY Act
Ripple's legal leadership reiterated that existing court rulings protect XRP after the CLARITY Act fell short in the Senate.
Ripple addressed investors following the defeat of the CLARITY Act in the US Senate, where a 49–50 vote blocked the crypto regulatory framework from advancing. The bill had originally passed the House of Representatives in July 2025 by a 294–134 margin.
Stuart Alderoty, chief legal officer at Ripple, emphasized that XRP's legal foundation remains intact. He highlighted a 2023 federal court decision ruling that XRP exchange sales did not violate securities laws, alongside a joint SEC and CFTC determination classifying XRP as a digital commodity.
Strategy shared a similar stance regarding Bitcoin, stating that regulatory clarity for the asset has been established for years. The failure of the bill followed pushback from 18 state attorneys general and sparked public criticism from House Majority Whip Tom Emmer against Senate Democrats.
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