#XRP @SenLummis #ClarityAct

ripple:native

Hitting the timeline of passing the Clarity Act into law by July 4 would require finding an ethics solution both Republicans and Democrats can live with, addressing issues in the Ag text, merging the bills, securing 60 votes, and passing it through both the Senate and House in just two weeks. Logistically impossible.

JUST IN: 🇺🇸 White House Official Patrick Witt says they're aiming to pass crypto Clarity Act by July 4th.

We're excited about the US CLARITY Act. We think all YC companies will use crypto technology, like stablecoins, before long. Not just crypto startups, not just fintech startups, but every company. Here's why this law is such a big deal 🧵 x.com/SenLummis/status/20637…

👀👀👀

JUST IN: 🇺🇸 Pro-crypto Kevin Warsh officially sworn in as Federal Reserve Chair, replacing Jerome Powell.

🚨🚨🚨 THE WAIT IS OVER (No, For Real This Time) 🚀🚀🚀🚀📣📣 #xrpnewstoday For years, the XRP community was the crypto world’s favorite punchline. While Bitcoin bros bought Lambos and Ethereum devs collected VC money in hoodies, XRP holders were out here clutching their bags through a multi-year SEC lawsuit, three bear markets, and roughly 47 “XRP is dead” articles per week. They called us delusional. They called us a cult. They called us a lot of things that aren’t printable on a family-friendly timeline. And yet, here we are. Ripple just secured a $200 million credit facility from Neuberger Berman , a firm managing $570 billion in assets, to power its institutional prime brokerage platform. Not a whitepaper. Not a roadmap. Not a “soon™.” Actual Wall Street money, on the table, right now. Ripple Prime , born from the $1.25 billion acquisition of Hidden Road , has tripled its revenue year over year. Meanwhile XRP holders have been eating ramen and telling their families “it’s a long-term investment” since 2018. This year alone: Deutsche Bank. JPMorgan. Mastercard. Aviva Investors. Société Générale. Korea’s largest internet bank. The list of institutions partnering with Ripple now reads like a Forbes 500 guest list , and we weren’t even sure Ripple would survive 2023. RLUSD crossed $1.5 billion in market cap. XRP sits above $90 billion in market cap, among the largest crypto assets on earth. The XRP Army didn’t just hodl through the noise. They hodl’d through an actual federal lawsuit, coordinated media ridicule, and more “altcoin season” disappointments than any community should legally endure. Was it fun? Absolutely not. Was it worth it? Ask us again when Ripple rings the NYSE bell. 💚 XRP. Years of patience. One historic moment at a time.

The Clarity Act Senate Floor VOTE Expected Within The Next 30 Days. 👇

Clear as ice.

Clarity Act #XRP

🚨GM! Big day for crypto on Capitol Hill. You can watch the markup live on @BankingGOP X account starting at 10:30 AM EST. A small update since last night: The 5 pro-crypto Banking Committee Dems gathered this morning to figure out final direction on how to vote in today’s markup after negotiations with GOP colleagues fell through last night, according to three sources. However, hearing it’s likely going to be a collective vote against, driven largely by disagreements over the BRCA after @CortezMasto pushed for changes following support from law enforcement groups this week for her amendments. After everything we heard about ethics this week, it no longer appears to be the central sticking point. Instead, the focus seems to have shifted to whether Democrats believe the Grassley-Lummis backed BRCA compromise goes far enough to address law enforcement concerns. As always, nothing is final until it happens, so we’ll see what the next few hours bring.

If it doesn’t pass, I’m taking my money out of banks and moving it entirely to crypto wallets. I’m tired of watching the bank cartels use my money without paying interest.

🚨NEW: @BankingGOP Committee markup of the Clarity Act set for Thursday, May 14 at 10:30 AM EST.

🚨SCOOP: The Senate Banking Committee is preparing to notice a markup for the Clarity Act as soon as tomorrow and has circulated draft legislative text to select industry members ahead of a potential Thursday vote, according to multiple industry sources who have seen the text. The language is reportedly still being finalized, with additional edits expected to reflect priorities from Democratic offices. One source told me the overall vibes after reviewing the bill and coordinating with other industry leaders are positive so far, though some bracketed sections are raising concerns that key provisions previously thought to be settled may still be in flux.

The US is leading in digital assets, but lasting leadership requires legislation. We are all hands on deck to get CLARITY across the finish line and build a future-proof framework that supports innovation and solidifies America as the crypto capital of the world. Watch:

🚨JUST IN: Yep. Here’s the text given to @PunchbowlNews. ⬇️⬇️⬇️