CLARITY Act fails in U.S. Senate: XRP at $1.28 as Ripple cites commodity status
- —Senate rejected cloture on the CLARITY Act: 49-50, 11 votes short of the 60-vote threshold
- —No Democratic senator supported it; Republicans Collins, Hawley and Moran voted against
- —XRP fell to $1.28 from $1.50 earlier in the week, with support around $1.20
- —Alderoty cites the 2023 ruling and the SEC/CFTC March 2026 interpretation
Why it matters: The failed procedural vote leaves the market without federal regulation but does not overturn XRP's legal status, with further clarity depending on the SEC and CFTC.
Source: Coincierge