Momentum surrounding cryptocurrency legislation in the United States has gained fresh attention after financial expert Levi Rietveld shared an update indicating that the CLARITY Act is approaching a major milestone.
The post focused on comments from Senator Cynthia Lummis, who suggested that lawmakers are preparing to release the bill’s text over the July 4 holiday before moving ahead with the legislative process later in July.
In his tweet, Rietveld wrote, “CLARITY ACT IS ALL SET TO BE SIGNED! Sen. Lummis says, ‘We are moving in JULY text drops over JULY 4TH for final review!!’ LETS GO XRP!”
The message reflects growing optimism among members of the XRP community, many of whom believe the passage of the CLARITY Act could provide greater regulatory certainty for the broader digital asset market.
CLARITY ACT IS ALL SET TO BE SIGNED!
Sen. Lummis says "We are moving in JULY text drops over JULY 4TH for final review!!"
LETS GO $XRP! pic.twitter.com/Ra1evAnwQT
— Levi | Crypto Crusaders (@LeviRietveld) June 27, 2026
Lummis Describes Final Review Process
Rietveld accompanied his post with a video clip of Senator Cynthia Lummis discussing the current status of the legislation. In the recording, the senator explained that lawmakers have spent significant time negotiating the bill and are now entering what appears to be the final review stage.
According to Lummis, “We’ve been working through thousands of hours in negotiating, thousands. And we’re finally to the point where we’re going to put out a text over the July 4th and give people one last, really thorough look at the bill. And then we’re moving in July.”
Her remarks suggest that legislators intend to release the finalized text to allow for one final round of public and stakeholder review before advancing the bill. While she did not specify an exact voting date or signing timeline, her comments indicate that legislative activity is expected to accelerate during July.
Rietveld interpreted those remarks as a strong indication that the CLARITY Act is nearing completion. He expressed confidence that the legislation is on track to be signed.
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Community Offers Mixed Reactions
The tweet was greeted with varied responses from members of the cryptocurrency community.
One commenter, using the name “Never Sell Your XRP,” questioned whether expectations surrounding the legislation have become overly optimistic. The user wrote, “She’s like every other crypto influencer on X at this point. I can’t make up my mind if she is a shill for the banks or if she is trying to give hope to the retail holders of XRP (obviously the biggest to benefit from said passing).”
Another user, Toni, focused on the timing of the planned release rather than the legislation itself. Toni said that publishing the bill’s text over the July 4 weekend could give institutional market participants additional time to evaluate its potential impact before regular trading resumes.
According to the comment, “July 4th drop is not random – it gives institutional desks the weekend to reprice books before retail wakes up. The real move happens Monday open, not at signing.”
Although these reactions remain speculative, they illustrate the heightened attention surrounding the CLARITY Act and its potential implications for XRP and the wider digital asset industry. As lawmakers prepare to publish the bill’s text, market participants will be watching closely for the next steps in the legislative process.
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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