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Policy

Coinbase Says CLARITY Act Senate Vote Could Happen This Week — Why XRP Bulls Are Excited

Why a CLARITY Act Senate Vote Could Be the Biggest Bullish Catalyst for XRP Yet The U.S. crypto industry may be approaching one of its biggest regulatory milestones yet. Coinbase Chief Policy

AnonymousCryptoCompass newsroom
August 2, 2026
3 min read
NEWS
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Why a CLARITY Act Senate Vote Could Be the Biggest Bullish Catalyst for XRP Yet 

The U.S. crypto industry may be approaching one of its biggest regulatory milestones yet. 

Coinbase Chief Policy Officer Faryar Shirzad says the CLARITY Act could reach the Senate floor for a procedural vote as early as Wednesday or Thursday, signaling growing momentum after nearly a year of bipartisan negotiations. The update, highlighted by market analyst Diana, has reignited optimism across the digital asset market.

Speaking on NewsNation, Shirzad said the bill has been shaped through extensive collaboration between Democrats and Republicans and appears to have the support needed to advance. 

While a procedural vote would not make the legislation law, it would mark a major step toward establishing the clear regulatory framework the U.S. crypto industry has sought for years.For XRP, the stakes are especially high.

Regulatory uncertainty has long been one of XRP's biggest obstacles in the United States. Even after Ripple secured a significant legal victory against the U.S. Securities and Exchange Commission last year, many banks and institutional investors have remained cautious due to the absence of comprehensive federal rules for digital assets.

More notably, the CLARITY Act aims to define how cryptocurrencies are regulated by establishing clearer jurisdiction and distinguishing which digital assets fall under securities laws. 

Greater legal certainty would reduce compliance risks for exchanges, developers, financial institutions, and blockchain companies, creating a more predictable environment for innovation and investment. Therefore, this clarity could unlock a new wave of institutional adoption.

How the CLARITY Act Could Unlock XRP's Institutional Growth 

Ripple has spent years positioning XRP as a bridge asset for cross-border payments, on-demand liquidity, and tokenized real-world assets. However, regulatory ambiguity has slowed adoption among banks, payment providers, and asset managers. A clear legal framework could remove that barrier, giving institutions greater confidence to deploy XRP-powered solutions at scale.

Crypto exchanges would also stand to benefit. Clearer regulations could simplify token listings, reduce legal exposure, and encourage broader support for digital assets. 

Increased exchange participation and deeper liquidity could strengthen XRP's accessibility for both retail and institutional investors while paving the way for additional crypto investment products.

Ripple could see significant advantages as well. The company has consistently maintained that regulatory clarity is critical to expanding its U.S. business. 

Progress on the CLARITY Act could accelerate partnerships with banks, fintech firms, and tokenization platforms while supporting Ripple's growing focus on stablecoins, institutional payments, and real-world asset tokenization.

Although a procedural vote would not guarantee the CLARITY Act becomes law, it would represent meaningful progress toward long-awaited regulatory certainty. For XRP, that could remove one of its largest headwinds, strengthen institutional confidence, and reinforce its position as one of the digital assets best positioned to benefit from a clearer U.S. regulatory framework.