Regulatory clarity is emerging through existing frameworks in the cryptocurrency space, according to Jake Claver, Chairman of Digital Ascension Group. This development could reduce the need for Congress to pass new legislation, such as the CLARITY Act, which has been tied to price growth for some assets.
In a recent interview, Claver pointed out that regulatory agencies are already laying the groundwork for adoption. He noted that guidelines tied to the GENIUS Act and oversight developments show that the U.S. is moving towards functional crypto regulation without waiting for Congress.
Claver also highlighted the significance of the SEC's classification of $XRP as a digital commodity, along with CFTC guidelines categorizing it in this manner. According to him, what matters most now is implementation, not additional legislation. This suggests that $XRP's trajectory could remain intact even if the CLARITY Act stalls.