$AZURAETH
Fading QuicklySnapshot Window: 2026-07-18 16:10 UTC Β· β Back to Crypto Overview
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LISTEN CAREFULLY. The CLARITY Act could be the green light traditional finance has been waiting for Once institutions start migrating to faster, cheaper blockchain rails, I believe the #XRP Ledger will be at the front of the conversation You donβt chase utility after [Spoken audio]: The Clarity Act and these conflict of interest provisions are critical here and they need to be acceptable to President Trump. The problem is the Senate Democrats want to put in ethics rules that would ensure that the president and his family and people attached to him can't benefit from any crypto business. If that's the case, the president's just going to veto it. Right. We need to have something that is workable for the president. And you have to remember the beauty of the way that they're doing this is the rules apply not just to the president but also to the Congress. And so this is something that everyone, regardless of who's in power, are going to have to live by. And so it's important they get them done right. I think it is an important issue though for the Democrats and one that we do need to see addressed. But I do think they can get there. I mean, we have come so far with this legislation since the House passed the the Clarity Act a year ago. There have been a lot of negotiations with Democrats. There have been new disclosure provisions added. There's a whole new section on illicit finance. They've beefed up the way that they're going to regulate the spot exchanges. So there has been a lot of bipartisan input into this bill and it is the best, most comprehensive language we have seen. And I think once we get this passed, we are going to see an unleashing of economic activity around the crypto space. We're gonna see an upgrade our financial services system. We're going to see more traditional institutions adopt crypto technology and integrate it into their services. We're going to see costs come down and we're going to see transaction speeds go up and so I think this is a real opportunity. I think this is a legacy making moment for the president and I think this is something that both sides of the aisle really do want to get done and that we can get done before the August recess.
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