Crypto commentator Levi Rietveld recently warned XRP and HBAR holders, highlighting the urgency of the CLARITY Act as it nears potential Senate action.
He noted that while delays have persisted, recent remarks from Cynthia Lummis provide a clearer picture of timing. Understanding both the legislative schedule and the influence of banks is essential for investors and institutions.
Lummis Provides Timing for Senate Action
During a Fox interview, Lummis outlined the near-term schedule for the bill. She said the markup could occur “either right before the Easter break or right after” and expressed hope for a completed product from the Senate Banking Committee “before the end of April.” This timeline lines up with initial predictions by Ripple CEO Brad Garlinghouse.
Lummis noted the process is influenced by other priorities, including funding considerations tied to the SAVE Act. She then stressed the need for colleagues to finalize their contributions.
If You Hold #XRP & HBAR This Is EXTREMELY Urgent!!! 🚨 pic.twitter.com/gEKiyo7bHp
— Levi | Crypto Crusaders (@LeviRietveld) April 2, 2026
Ongoing Frustration and a Big Opportunity
Reacting to Lummis’ comments, Rietveld noted the pattern of repeated messaging from lawmakers. He explained that senators have consistently indicated they are “right at the finish line,” but delays continue due to institutional pressures. He expressed frustration with Banks’ influence on legislative details, arguing that banks can benefit just as much as crypto exchanges.
Rietveld sees this period as a pivotal moment for market participants. He stressed that the CLARITY Act could remove long-standing regulatory uncertainty, creating conditions favorable to digital assets like XRP and HBAR. Although the bill is not perfect, it could significantly improve how these assets operate within U.S. financial systems.
Impact on XRP and HBAR
XRP stands to benefit from a clear legal classification. With legal certainty, financial institutions can integrate XRP into payment and liquidity networks without hesitation. XRP’s use in cross-border transactions will also become more straightforward. These structural changes could support broader adoption and institutional participation.
HBAR also gains from the CLARITY Act’s clarified framework. Hedera’s enterprise-focused network relies on legal certainty to attract institutional projects and large-scale tokenization initiatives. With defined compliance standards, corporations can confidently deploy applications on the Hedera network.
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Critical Period Approaches
The timeline outlined by Lummis places focus on the coming weeks. Rietveld’s commentary reinforces the importance of monitoring developments and positioning appropriately.
For XRP and HBAR holders, the convergence of legislative action and regulatory clarity represents a significant opportunity. The expected markup and committee action before the end of April could provide the legal certainty that has long been awaited in the U.S. digital asset market.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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