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CLARITY Act Passes Committee, XRPL 3.2 Upgrade & BofA Dual-Rail
Audio is available on Spreaker — see link below.
The CLARITY Act clears the Senate Banking Committee 15-9, the XRP Ledger targets a major 3.2.0 upgrade by June 15, and Bank of America adopts a hybrid SWIFT-RippleNet cross-border payments model. Three converging signals for XRP's regulatory and infrastructure future — unpacked in under 15 minutes.
Audio is available on Spreaker — see link below.
The CLARITY Act just cleared its biggest hurdle. The Senate Banking Committee passed it fifteen to nine, and it's now headed to the full Senate floor.
That timeline matters because the longer the bill sits on the floor, the more exposed it becomes. Critics on both sides of the aisle have already flagged what they see as loose distinctions between securities and commodities.
On the infrastructure side, the XRP Ledger is preparing a significant technical upgrade. Version three point two point zero targets June fifteenth.
Node operators are already on notice. The rename from rippled to xrpld means service files, scripts, and monitoring tools all need to be updated before the deadline.
The third major signal today comes from Bank of America. The institution is moving forward with a hybrid cross-border payments model that combines SWIFT with RippleNet for on-demand liquidity.
Three things to track from here. The Senate floor schedule for the CLARITY Act, specifically whether leadership locks in debate time before the July recess window closes.
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