Ripple and MicroStrategy Assert Legal Standing for XRP and Bitcoin Following CLARITY Act Rejection

Following the Senate's 49-50 vote to block the CLARITY Act, Ripple and MicroStrategy stated that the legal status of XRP and Bitcoin remains unchanged. Ripple's chief legal officer Stuart Alderoty noted that previous court rulings and joint interpretations by the SEC and CFTC have already established XRP as a digital commodity. MicroStrategy emphasized that Bitcoin has maintained regulatory clarity in the U.S. for years, regardless of the failed legislation. The bill, which had previously passed the House in 2025 with bipartisan support, ultimately failed in the Senate due to a collapse in Democratic backing.