# XRP

Type: Token (XRP)

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/xrp-token
Canonical HTML page: https://getlegalbrief.com/entity/xrp-token

## Timeline

- **2026-09-15**: Senate cloture vote scheduled — The Senate is scheduled to vote on cloture; the bill needs 60 votes to move forward to a full debate.
- **2026-09-14**: Time pressure warning — Other Republican senators warn that the bill could run out of time around the week of September 14.
- **2026-09-09**: Tillis issues ethics warning — Senator Thom Tillis says the CLARITY Act will fail if the White House does not try to bridge the gap over ethics provisions.
- **2026-07-19**: Legislative Stalemate Identified — Motley Fool analysis highlights the Senate deadlock, with conflicts over stablecoin yields and crypto disclosure preventing progress.
- **2026-03-20**: Classification Finalized — Secondary market status of XRP as a non-security is solidified following the conclusion of the appeals process.
- **2025-07**: House Passes CLARITY Act — The House of Representatives approves the Digital Asset Market Clarity Act, aiming to establish a federal regulatory framework for digital assets.
- **2024-08-07**: Final Judgment & Fine — Ripple ordered to pay $125M fine for institutional sales, significantly less than the SEC's $2B demand.
- **2023-07-13**: Summary Judgment — Judge Analisa Torres rules XRP is not a security when sold to the general public on exchanges.
- **2020-12-22**: SEC Lawsuit Filed — The SEC sues Ripple Labs, alleging XRP was sold as an unregistered security.

## Recent coverage (3 stories)

### 60-Vote Cloture Hurdle on Sept 15 Threatens CLARITY Act Passage
2026-09-09 09:47:15 · Sentiment: Negative · Impact: 7/10 · Sources: 2

Senator Tillis's ethics warning puts the CLARITY Act's cloture vote at risk. Legal professionals should assess whether stalled ethics language prevents the 60-vote threshold and what regulatory ambiguity means for crypto oversight.
Full story: https://getlegalbrief.com/story/clarity-act-ethics-dispute-sept-15-cloture

### CLARITY Act stall leaves $1.29T Bitcoin market as sole regulatory haven
2026-07-20 00:15:27 · Sentiment: Positive · Impact: 6/10 · Sources: 2

The CLARITY Act's Senate impasse highlights critical legal conflicts over stablecoin yields and disclosure mandates, leaving Bitcoin as the only major crypto with relative regulatory certainty.
Full story: https://getlegalbrief.com/story/clarity-act-bitcoin-regulatory-haven-legal

### XRP SEC Classification Status: A Watershed Moment for Digital Asset Regulation
2026-03-21 22:24:12 · Sentiment: Neutral · Impact: 7/10 · Sources: 2

The definitive legal classification of XRP marks the conclusion of a multi-year battle between Ripple Labs and the SEC, establishing a critical precedent for programmatic sales. This ruling provides the regulatory clarity long sought by the digital asset industry, potentially reshaping how the Howey Test is applied to secondary market transactions.
Full story: https://getlegalbrief.com/story/xrp-sec-classification-status-impact-analysis

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This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getlegalbrief.com/guides/methodology for the full editorial methodology.