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Will XRP enter the financial mainstream faster? Key lies in U.S. Clarity Act

A U.S. “Clarity” bill under discussion in Congress could be a key factor in expanding institutional adoption of XRP, an analysis said. Developer Vincent Van Code said XRP’s legal status is clearer after a 2023 court ruling in the SEC-Ripple case, but uncertainty remains because it is not federal law. He said many institutions want clear legal guidelines before committing capital. Senate talks are accelerating ahead of the August recess.