Ripple’s XRP rose above $1.41 on Wednesday ET, extending a short-term rally as traders fixated on a looming U.S. regulatory inflection point that could redefine how digital assets are classified—and, by extension, how they are traded and held by institutions. The move came as the U.S. Securities and Exchange Commission (SEC) held a public roundtable focused on digital asset market structure and implementation questions tied to the proposed ‘CLARITY Act,’ a bill that would establish clearer legal grounds for treating certain digital assets as ‘commodities’ rather than securities.
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