Lawyer reveals key reason XRP sank after CLARITY Act vote

As XRP's market capitalization fell by approximately $7.1 billion over the past 24 hours, following a major setback on the CLARITY Act, a proposed federal regulation in the United States aimed at regulating the crypto industry, William Arthur Morgan, an Australian commercial litigation lawyer at Morgan Mac Lawyers, said it stood to gain more from legal clarity than other cryptocurrency assets.

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Source: Finbold

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Category Cryptocurrency

Source Finbold

Published 1 week ago

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News ID #17,993

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