The final CLARITY Act text is being reviewed RIGHT NOW — behind closed doors. A new report from Politico confirms the FINAL compromise text is being shown to a small group of crypto firms and major banks TODAY and TOMORROW. The draft is NOT being released publicly — lawmakers are showing it ONLY to key industry players on Capitol Hill. Last week, participants were allowed to READ the text but were NOT allowed to take copies. That’s how sensitive this final language is.
Coinbase Chief Legal Officer Paul Grewal went on Fox Business and said he expects a deal on the stablecoin rewards provision within 48 HOURS. The focus is now on finalizing market structure, especially SEC vs CFTC jurisdiction — the exact provision that will classify XRP as a digital commodity by statute.
But here’s the twist — Eleanor Terrett reports that Senator Tillis’s office says the text is NO LONGER expected to be released publicly this week. The delay is STRATEGIC — releasing it ahead of the markup could give opponents an opening to slow the bill’s progress. The Senate returns to full session April 13, with the Banking Committee markup targeted for the last two weeks of April.
For XRP, this is everything. The CLARITY Act formally classifies XRP as a digital commodity, unlocking institutional floodgates. Garlinghouse says 90% odds. Polymarket shows 61.5% chance Trump signs it this year. The text is being read. The clock is ticking. And we are closer than we have EVER been.
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