U.S. Senate Set for Sept. 15 Procedural Vote on Revised CLARITY Act, XRP Back in the Spotlight

CoinDesk reported that Senate Republicans have released an updated draft of the CLARITY Act and plan to hold a procedural vote on September 15. The legislation targets the structure of the U.S. crypto market and has again put XRP at the center of investor attention. The revised, 630-page proposal adds new obligations for certain DeFi protocols and spells out how credit unions may participate in digital-asset activities. It also brings in CFTC registration requirements for protocols that present as decentralized while maintaining meaningful centralized control. Partisan fault lines persist. The report, citing people familiar with the matter, said Democrats remain notably skeptical. A Democratic aide described unresolved ethics issues as "the biggest obstacle" and said the latest version does not address those concerns. Ripple executives have framed the Sept. 15 vote as a key moment for the bill. Chief Legal Officer Stuart Alderoty called the date a "litmus test", while CEO Brad Garlinghouse has backed the legislation, arguing it represents the final major regulatory hurdle before broader institutional adoption of crypto assets. XRP's regulatory backdrop has also shifted. Its long-running SEC case has ended, and recent federal actions have increasingly treated XRP as part of a more established digital-asset category. Coinpaper said XRP traded around $1.35 on September 11, down about 4% from the prior session.