Senate Majority Leader Thune files cloture on the Clarity Act, putting a September floor vote on the calendar — but 60 votes remains the unsolved problem. Plus: XRPL ships Confidential Transfers, RWA totals hit $1.38B, and XRP teeters at $1.02.
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Senate Majority Leader Thune filed cloture on the Clarity Act overnight, giving the bill a procedural path forward after August went nowhere. That's the lead today, and it matters because without that filing, the crypto industry's best shot at a comprehensive regulatory framework was dead until a new Congress.
The sticking point is an ethics provision. Senate Democrats, joined by some Republicans, want stricter language governing Trump's personal crypto holdings than what's currently in the bill.
Away from Washington, the XRP Ledger shipped version three point three point zero. The headline feature is Confidential Transfers, an encryption layer designed specifically for institutional tokenized assets.
The broader tokenization picture on the XRP Ledger has reached one point three eight billion dollars in tracked real-world assets. That includes eight hundred forty-five point seven million in RLUSD, plus positions from Ondo, Archax, VERT Capital, and Societe Generale.
On price: XRP is sitting at one dollar and two cents, having broken below the one dollar and five cent level that held previously. The daily Bollinger lower band is now acting as the floor, all three exponential moving averages are declining overhead, and the RSI is at thirty-five point eighty-five.
The real metrics for the next few weeks are straightforward. Watch for a White House response on the ethics counter-proposal.
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