According to multiple industry sources who spoke to Fox Business reporter Eleanor Terrett, the White House has developed a proposal on the ethics provisions of the U.S. CLARITY Act and has shared the proposed language with key Republican senators in the Senate. Although the specifics have not been made public, this suggests that a major point of contention in the bill’s negotiations may have been resolved.
Progress on the ethics clause
The CLARITY Act aims to establish clearer regulatory rules for digital assets. Previously, ethical provisions were among the most contentious aspects of negotiations. If this issue has indeed been resolved, the subsequent text of the bill may be updated within days, and the pace of congressional progress could accelerate.
U.S. House Financial Services Committee Chairman Bryan Steil recently stated that the bill may pass this week. Senator Bill Hagerty has also expressed optimism about the bill’s progress. These statements, combined with the latest developments, have increased market expectations for the U.S. to establish a more comprehensive regulatory framework for digital assets.
Market Focus on XRP Expectations
The report noted that if regulatory guidelines become clearer, banks, payment companies, fintech firms, trading platforms, and asset management institutions may be more inclined to launch digital asset products, making Ripple and XRP among the potential beneficiaries in the market.
This is because Ripple has consistently expanded its enterprise payment infrastructure, tokenization services, and the RLUSD stablecoin ecosystem in recent years. A clearer legal environment could increase institutional acceptance of its business model and strengthen expectations for XRP's use in compliant financial markets.
The bill still awaits congressional action.
However, this development does not mean the CLARITY Act has become law. The updated bill text has not yet been released, and further congressional procedures must be completed before any regulatory changes take effect.
Based on current information, the market is primarily focused on the signal of legislative progress. If the White House and Congress indeed narrow their differences, the U.S. crypto industry could face its most significant regulatory milestone in recent years, leading to increased attention on assets like XRP that are closely tied to payment and compliance use cases.