Former Fox Business journalist Eleanor Terrett reports that Senate Majority Leader John Thune’s office is telling crypto industry leaders that he still intends to file cloture on the motion to proceed to the CLARITY Act before lawmakers leave for the August recess. Multiple sources confirmed the outreach.

Industry figures are reading it as a positive signal that GOP leadership intends to make the bill a priority when the Senate returns. Filing cloture on the motion to proceed sets up a vote in September. It stops short of a vote before recess but keeps the bill alive in a meaningful procedural way.

What Filing Cloture Does For the Bill

Cloture on the motion to proceed is a formal step. It locks the Senate into addressing the CLARITY Act when members return from recess. It does not guarantee passage, but it does guarantee the bill gets floor time. For supporters who feared the legislation could stall for years, the move provides a concrete commitment from leadership.

Senator Cynthia Lummis and Senator John Kennedy had both pushed hard for a vote before the August break. Kennedy warned that odds would shift against the bill without one. Lummis said the Senate would work through the weekend to get it done. Neither got a pre-recess vote, but Thune’s signal keeps the effort moving.

NEW: Leader Thune’s office is telling crypto industry leaders today that the majority leader still intends to file cloture on the motion to proceed to the Clarity Act before lawmakers leave for August recess, per multiple sources.

The move would tee up a vote on the Clarity…

— Eleanor Terrett (@EleanorTerrett) August 7, 2026

The Issues Still on the Table

Terrett highlighted two significant issues that remain unresolved. The first involves yield. The topic reemerged as a front-and-center dispute after Wall Street Journal op-eds drew attention to it. Banks have made significant inroads persuading Republican members that the language in the bill needs to change. Negotiators will need to find a path forward on that before September.

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The second is the ethics provision. Democrats want state attorneys general to have authority to sue the Department of Justice over ethics enforcement. Republicans and the White House oppose it. Senators Tom Tillis and Ruben Gallego have led those discussions, but no resolution has been announced.

Terrett also noted that the White House has not responded to the outstanding issues. Any agreement still requires presidential approval before the bill can advance.

What September Could Look Like

The Senate returning with cloture already filed puts the CLARITY Act in a stronger procedural position than it has occupied in months. The votes needed to clear the 60-vote threshold are not yet secured, but more Democrats are showing support. Negotiators have the recess period to work on both yield and ethics before the chamber reconvenes.

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The CLARITY Act will likely not get a Senate vote before the August recess. Former Fox Business journalist Eleanor Terrett reported that “The Senate has decided to punt a vote on the Clarity Act until September, per Politico.”

Politico congressional reporter Jordain Carney confirmed that Senate Majority Leader John Thune himself verified the delay, adding that leadership plans to have the bill “teed up for when they return.” This report comes shortly after multiple senators suggested they would stay longer to ensure the vote plays out.

Senators Wanted a Vote

Senator Cynthia Lummis had said the Senate would work into the weekend to get votes done before recess. Senator John Kennedy went further. He warned that if the Senate left without a positive vote, “the odds shift against us.” Both senators urged action but neither got it.

Senator Elizabeth Warren had already signaled the bill was stuck. She said Congress had still not solved its problems, citing corruption, consumer protection, national security, and economic protection. Her position proved accurate about the timeline, if not the reasoning leadership cited.

NEWS: The Senate has decided to punt a vote on the Clarity Act until September, per Politico. https://t.co/J7qWARmRPY

— Eleanor Terrett (@EleanorTerrett) August 7, 2026

The Current Dispute

The CLARITY Act needs 60 votes to pass. It currently has 51 confirmed votes, with up to 10 Democrats expressing support. Most ethics problems have been solved. The central dispute remains whether state attorneys general should have authority to sue the Department of Justice over ethics enforcement.

Republicans and the White House are against that provision. Senators Tom Tillis and Ruben Gallego pushed for negotiations on that provision, but no agreement came.

September Is the Next Window

Thune’s confirmation means the bill has a target window when the Senate returns. That is not a guarantee of passage. It is a scheduling commitment. The 2026 midterm election cycle compresses available floor time after recess, and a new Senate could restart or alter the process entirely.

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Senator Cynthia Lummis previously predicted that missing the current window could push proper crypto legislation as far as 2030. After prolonged and heated negotiations, it seems the bill will not pass as she and many others hoped.

Can Trump Force a Vote?

One question circulating in the XRP community asks whether President Trump could legally compel the Senate to remain in session and vote on the bill. Meta Law Man, a well-known attorney in the crypto space, confirmed that Trump does have the legal authority to cancel the August recess.

However, no reports indicate the president intends to exercise that power. Until Trump signals otherwise, the September timeline stands as the next realistic opportunity for a CLARITY Act vote.

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The U.S. Senate’s final days before the August recess are revealing where priorities stand. Senate Majority Leader John Thune filed cloture on the motion to proceed to the college sports bill.

Former Fox Business journalist Eleanor Terrett posted the update, adding that it signals there is still no bipartisan agreement on the CLARITY Act.

The filing consumes procedural floor time the CLARITY Act needed. The Senate departs for recess on August 8, and every cloture filing narrows what remains available.

Thune has filed cloture on the motion to proceed to the college sports bill.

Signals there’s still no bipartisan agreement on the Clarity Act. https://t.co/Qvbz3pSUps

— Eleanor Terrett (@EleanorTerrett) August 5, 2026

Where the CLARITY Act Stands

The CLARITY Act is crypto market structure legislation that would establish a legal framework dividing digital asset oversight between the SEC and CFTC. It needs 60 votes to advance. It currently holds 51 confirmed votes. Reports indicate 7 to 10 Democrats are signaling support, which would push the bill past the threshold.

However, the decision to vote on a different bill suggests that all votes have not been secured. The holdout is an ethics provision. Democrats want accountability built into the bill through state-level legal enforcement against the DOJ. The White House and Republicans have pushed back. Senators Tom Tillis and Ruben Gallego drive the negotiation effort. Their latest compromise proposal remains unanswered at the White House.

A Crowded Senate Calendar

The Senate calendar is working against the bill. Government funding, Russia sanctions, nominations, and now the college sports bill are all competing for floor time. Thune told reporters Monday he plans to keep the Senate in session to finish outstanding business, including a cloture vote on crypto market structure legislation.

For a Thursday vote to happen, Thune needed to file cloture on the CLARITY Act by Tuesday. That window has passed without a filing. However, Senators John Kennedy and Cynthia Lummis have suggested that the Senate could stay longer, with Lummis saying the vote could extend into the weekend.

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What Failure to Vote Means

Senator Cynthia Lummis has been explicit about the consequences. She warned that missing this window pushes crypto regulation to 2030. The 2026 midterm election cycle compresses Senate floor time after recess, and a new Congress could force the process to restart entirely.

One community member drew attention to the political risk Thune is taking. The industry has grown into a significant political force, and sidelining the CLARITY Act carries consequences beyond the Senate floor. Floor time and votes remain the outstanding obstacles, and Terrett’s update suggests neither problem is resolved.

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The future of the CLARITY Act remains uncertain as negotiations continue behind closed doors, with one unresolved issue preventing the legislation from moving forward.

While many in the cryptocurrency industry are closely monitoring the bill’s progress, new comments shared by blockchain researcher BankXRP point to a specific disagreement between Democrats and Republicans that must be resolved before the proposal can reach President Donald Trump’s desk.

Eleanor Terrett’s Explanation

Blockchain researcher BankXRP highlighted what he described as the “real holdup” surrounding the CLARITY Act, citing comments from former Fox Business journalist Eleanor Terrett.

According to BankXRP’s tweet, the main point of contention centers on whether state attorneys general should have the authority to sue the U.S. Department of Justice over the enforcement of ethics provisions. He noted that Democrats support giving state attorneys general that authority, while Republicans and the White House oppose the proposal.

BankXRP also highlighted Terrett’s view that a breakthrough could come within days. However, he emphasized that any agreement reached by lawmakers would still require President Trump’s approval before the legislation could proceed.

Here's the REAL holdup on CLARITY Act Per Eleanor Terrett: Dems want state AGs able to sue the DOJ on ethics enforcement. GOP + White House say no. A breakthrough could come in days

but it still has to land on Trump's desk first pic.twitter.com/PsZO6vunNf

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) August 2, 2026

Ethics Enforcement Remains the Main Negotiating Point

In the attached video, Terrett explained that the disagreement focuses on enforcement of ethics rather than the legislation’s broader structure.

She said Democrats are seeking a mechanism that would allow state attorneys general to take legal action if they believe the Department of Justice fails to enforce ethics provisions. Republicans, along with the White House, have resisted that proposal, creating the primary obstacle in the negotiations.

Terrett added that lawmakers continue to discuss what a workable compromise could look like and whether such an arrangement would be practical.

She identified Senator Tom Tillis and Senator Ruben Gallego of Arizona as leading the ongoing discussions to resolve the issue. Terrett also said there could be a breakthrough within the next couple of days if negotiators reach common ground.

White House Approval Still Required

Although negotiators may eventually settle on a compromise, Terrett stressed that the process does not end there.

She explained that any proposal emerging from the Senate negotiations must be submitted to the White House for review. According to Terrett, President Trump must approve the final proposal before the legislation can advance, adding that without his support, there would be no bill.

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BankXRP’s post focused on this final hurdle, noting that even if lawmakers resolve their differences, the CLARITY Act cannot move forward unless it receives presidential backing.

The post also generated reactions from users on X. One commenter, Jeff Beach, argued that allowing individual state attorneys general to sue the Department of Justice would not be workable and said he does not believe such a provision will be accepted. Another user, Damoor, suggested that political considerations are contributing to the continued negotiations, saying Democrats do not want President Trump to receive credit for improvements to the U.S. economy.

As discussions continue, BankXRP’s post presents the latest explanation for why the CLARITY Act remains unfinished, while indicating that the coming days could determine whether negotiators can reach an agreement that also satisfies the White House.

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The post Update for XRP Holders: What Holds CLARITY Act Back Per Eleanor Terrett appeared first on Times Tabloid.

The fate of the CLARITY Act now rests with President Donald Trump. Former Fox Business journalist Eleanor Terrett reported that the White House received a bipartisan ethics counterproposal Thursday morning. Whether Trump accepts it will determine if the Senate advances the bill before lawmakers leave town next week.

A New Proposal Takes Shape

Senators Thom Tillis (R-NC) and Ruben Gallego (D-AZ) drafted the proposal together. It gives state attorneys general the power to sue the Department of Justice if it fails to enforce ethics laws against federal officials. Democrats have pushed for this provision throughout negotiations.

The mechanism mirrors one already in law under the Laken Riley Act, which allows state AGs to sue over certain federal immigration enforcement failures. A previous White House offer, agreed to alongside two Senate Republicans, fell short. Tillis, Gallego, and several other key Democrats rejected it. The new proposal is their answer.

NEW: President Trump Weighs Bipartisan Ethics Proposal as Clarity Hangs in the Balance

This weekend will be a high-stakes waiting game for Clarity Act supporters as the White House considers an ethics counteroffer involving state attorneys general.https://t.co/KBqx4zyRZF

— Eleanor Terrett (@EleanorTerrett) July 31, 2026

More Than Ethics on the Table

Ethics is the most visible obstacle, but it is not the only one. Democratic strategist told Crypto in America, Terrett’s news platform, that three separate issues must all be resolved together. “All three have to be locked in together if this bill is going to become a reality,” the strategist said.

The other two are the Blockchain Regulatory Certainty Act language and concerns within the agriculture section. Earlier, the White House and Treasury Department rejected a BRCA proposal backed by Senator Catherine Cortez Masto (D-NV) and two prosecutors’ groups. That proposal would have altered how prosecutors must prove criminal intent against software developers in money laundering cases.

Treasury Secretary Scott Bessent publicly backed the existing BRCA language, writing that it “does nothing other than codify longstanding Treasury Department policy.”

Republican Concerns Add Pressure

Resistance is building on the Republican side too. Senators Mike Rounds (R-SD), James Lankford (R-OK), and Jerry Moran (R-KS) have raised concerns that stablecoin yield provisions in the bill do not do enough to protect community banks from deposit flight.

State banking officials warned Senate leadership that stablecoin products offering interest-like rewards could weaken local lending capacity “by hundreds of billions.” Whether those concerns produce no votes or lead to further changes to the stablecoin yield provisions remains unclear.

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Industry Pushes for a Deal

Industry leaders and lobbyists made calls to White House officials and influential allies, urging an ethics compromise before the Senate recess. JPMorgan has warned that further delays to the bill could allow traditional financial firms to capture blockchain and tokenization growth at the expense of public crypto networks.

Terrett described the weekend as a “high-stakes waiting game.” Trump’s decision on the ethics proposal sets the course for what comes next.

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The CLARITY Act is moving through one of its most consequential stretches yet. The bill, which cleared the Senate Banking Committee in May, now sits one step from a full Senate vote. Eleanor Terrett, a former Fox Business journalist, recently outlined the latest development on the matter.

Updated Text and Ethics Talks

Terrett reported that updated CLARITY Act text could drop soon. Industry sources told her that negotiators are also preparing for the bill to slip later in the week if ethics negotiations continue to stall.

She then noted that Senator Cynthia Lummis gave insight into those negotiations during an interview on Fox. Lummis suggested requiring public officials with crypto holdings to use blind trusts. She also said she plans to oppose a proposal that would allow state attorneys general to sue the Justice Department to enforce ethics rules.

In a Tuesday morning interview, @SenLummis offered some insight into what may be taking shape in those negotiations, including the possibility of requiring public officials with crypto holdings to use blind trusts.

She also said she plans to oppose a proposal that would allow…

— Eleanor Terrett (@EleanorTerrett) July 14, 2026

Banks Push Back on Stablecoin Yield

Terrett also noted that Senator Thom Tillis, a lead negotiator on the stablecoin yield compromise, floated “circuit-breaker language” that would allow federal regulators to intervene if widespread deposit flight to stablecoins occurred.

The stablecoin yield dispute has been the bill’s primary obstacle in the Senate, with banks arguing that yield-bearing stablecoins could draw deposits away from the traditional banking system. Tillis stated that if banks still oppose the bill after such a provision is included, their concerns about deposit flight may have been a red herring.

She then reported that the banking lobby renewed its public pushback. The American Bankers Association, ICBA, and 76 state banking associations sent a letter to Senate leadership arguing the stablecoin yield compromise does not go far enough.

Law Enforcement Divided

Terrett then covered the Federal Law Enforcement Officers Association’s response, which submitted a letter to the Senate Banking Committee supporting the CLARITY Act. The group recommended targeted changes to preserve federal investigative authorities and criminal liability standards.

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However, she reported that the National Sheriffs’ Association is now publicly opposing the bill. The group, which represents over 3,000 elected sheriffs, called cryptocurrency “the cartel currency of choice” in a video circulating online. Terrett noted some Democratic senators want law enforcement concerns addressed before they support the bill.

White House Loses Key Negotiator

Finally, Terrett revealed that the White House will lose its top CLARITY Act negotiator, Patrick Witt, next Friday. Witt departs for mandatory JAG training with the Georgia Army National Guard, reporting July 27 under military orders.

XRP holders are watching these events because a Senate floor vote before the August recess is widely seen as the last viable window before the campaign season effectively closes the legislative calendar. Crypto Council Deputy Director Harry Y. Jung is expected to assume Witt’s responsibilities.

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The post Major CLARITY Act Update for XRP Holders from Ex-Fox Business Journalist Eleanor Terrett appeared first on Times Tabloid.

State bankers’ association conferences across the country have quietly become a venue for something bigger than banking policy.

Coordinated outreach to Senate lawmakers on stablecoin yield is now a key focus at these gatherings, according to a banking source cited by journalist Eleanor Terrett.

Crypto commentator X Finance Bull picked up on Terrett’s report, telling XRP and XLM holders to watch it closely. He said the Senate’s conversation has shifted, noting that stablecoin yield is no longer the bone of contention.

BREAKING: CLARITY ACT UPDATE. $XRP and $XLM holders, watch this closely.

The Senate conversation has shifted. Yield is no longer the main fight.

The focus moved to an ethics deal, merging the Banking and Ag Committee texts, and the bill's DeFi approach before a floor… https://t.co/F1VzUCdJHj pic.twitter.com/z5QzvkNg3l

— X Finance Bull (@Xfinancebull) June 19, 2026

What Terrett’s Report Says

Terrett cites a source familiar with state bankers’ association conferences. That source told her coordinated engagement with Senate lawmakers on stablecoin yield has become a key focus at these events. The outreach aligns with a broader shift on Capitol Hill.

Lawmakers have moved away from yield as the top issue. They’re now working through an ethics deal, reconciling differences between the Banking and Agriculture Committee texts, and settling the bill’s approach to decentralized finance. X Finance Bull called the behind-the-scenes movement progress.

That doesn’t mean yield is dead. Terrett’s source said it remains “very much in play,” especially as senators outside the Banking and Agriculture Committees get up to speed on the legislation. Whether yield resurfaces as a defining issue once the bill reaches the Senate floor is still an open question, per the report.

CLARITY Act’s Progress So Far

The bill has moved steadily this year. The Senate Banking Committee advanced the CLARITY Act 15-9 on May 14, with all 13 Republicans and 2 Democrats voting yes. That cleared a markup that had previously stalled in January.

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A separate version cleared the Senate Agriculture Committee earlier in the year, since the CFTC’s jurisdiction falls under that committee. The two Senate texts still need to be merged into one bill. In early June, the CLARITY Act was placed on the Senate Legislative Calendar, in position for a floor vote whenever leadership schedules one.

What This Means for XRP

For XRP and XLM holders, the connection is straightforward. The CLARITY Act would establish clear federal rules on how digital assets are classified and regulated, splitting oversight between the SEC and CFTC. A clearer framework removes regulatory uncertainty that has weighed on digital assets for years.

X Finance Bull’s post reflects that interest. XRP has secured regulatory clarity, and this clarity could extend to XLM and the broader market if the bill passes. He’s watching the bill’s procedural progress, not just its headlines, as a signal for where regulatory clarity stands.

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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The post Major CLARITY Act Update: Pundit Tells XRP and XLM Holders to Watch This Closely appeared first on Times Tabloid.

A surprise development unfolded today in the Ripple versus SEC case, as the latest attempt by both parties to resolve their legal battle was rejected by Judge Analisa Torres.

Former Fox Business journalist Eleanor Terrett responded to this development, posting a summary of Judge Torres’s message to Ripple and the SEC, following the decision to deny their joint motion seeking to modify key terms of the court’s final judgment.

Private Deals Cannot Override Public Judgments

Terrett explained that the Judge made it clear that private agreements cannot override a public judgment issued by a federal court. The ruling leaves Ripple’s permanent injunction in place and maintains the $125 million penalty previously imposed.

Judge Torres emphasized that a court’s final judgment is not something parties can negotiate away. Her statement was direct: “The parties do not have the authority to agree not to be bound by a court’s final judgment.” Terrett also noted that the ruling underlines that judgments serve the interests of the litigants and the broader public interest.

NEW: Judge Torres’s message in the ruling is that private deals don’t erase public judgments and her judgment still serves the public interest.

“The parties do not have the authority to agree not to be bound by a court’s final judgment… They have not come close to doing so… https://t.co/Jt5STl3nWt

— Eleanor Terrett (@EleanorTerrett) June 26, 2025

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Limited Options for Ripple and the SEC

Her message also offered a clear choice to Ripple and the SEC. If either party disagrees with the court’s decision, the path forward is through the appeals process, not through privately negotiated revisions.

The SEC initially asked the Second Circuit to extend the stay on the appeals to August 15 to give Judge Torres time to make her decision. Her decision may force both parties into litigation.

Alternatively, they can withdraw their appeals and accept the judgment as it stands. The judge made it clear that neither side had presented circumstances that would justify altering the judgment outside of the proper legal channels.

Both Parties Failed to Meet the Required Standard

While most market participants assumed the judge rejected the initial filing solely because of a procedural error, the recent ruling denies the notion that the court’s previous findings are subject to negotiation. Prominent attorneys believed Judge Torres would grant the motion. But the attempt to revise those terms without fully concluding the appellate process failed to satisfy the standards required for such relief.

The language of the ruling leaves little room for ambiguity. According to Terrett’s post, Torres stated that the parties “have not come close” to demonstrating the type of extraordinary circumstances needed to set aside the judgment. Now, Ripple and the SEC must decide whether to pursue their appeals in full or accept the current judgment without further challenge.

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The post Here’s why Judge Torres Rejects Ripple (XRP) and SEC’s Joint Motion appeared first on Times Tabloid.

The U.S. Securities and Exchange Commission (SEC) has formally announced the dismissal of its litigation against cryptocurrency firms Kraken, Consensys, and Cumberland. Former Fox Business journalist Eleanor Terrett reported the development, highlighting that Ripple was not included in the announcement.

Terrett noted that while some may have expected Ripple’s case to be addressed simultaneously, the procedural differences make its resolution distinct from the other cases.

No @Ripple here but I’m not entirely surprised because, again, it is slightly different to these other cases in that (as @s_alderoty mentioned in his post) the SEC now has to go to the Southern District and ask Judge Torres to lift the standard injunction. Once that is done, they… https://t.co/KVjCsR6l2V

— Eleanor Terrett (@EleanorTerrett) March 27, 2025

SEC’s Legal Actions and Dismissals

The SEC’s lawsuits against Kraken, Consensys, and Cumberland were part of the agency’s broader enforcement efforts against companies operating in the cryptocurrency space. The decision to dismiss these cases suggests a shift in the SEC’s litigation strategy, though the reasons behind the dismissals remain unspecified in the agency’s announcement.

Terrett pointed out that Ripple’s case differs from the others because the SEC must first request Judge Analisa Torres of the U.S. District Court for the Southern District of New York to lift the standard injunction previously imposed at the SEC’s request. Once that process is completed, the SEC can vote on the final steps in the case, including its appeal withdrawal.

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Ripple’s Case Nears Final Resolution

Terrett referenced a post by Stuart Alderoty, Ripple’s Chief Legal Officer, which provided additional details on the finalization of the SEC v. Ripple case. According to Alderoty, the SEC has already agreed to drop its appeal without conditions, and Ripple will withdraw its cross-appeal. As part of the resolution, Ripple will pay $50 million of the originally imposed $125 million fine, while the remaining amount will be returned to the company.

Alderoty explained that the SEC will now ask the court to lift the injunction, and the process will be subject to the necessary commission vote, drafting of final documents, and standard court procedures. He indicated this should be the last update on the case, signaling that the long-running legal battle between the SEC and Ripple is nearing its conclusion.

Broader Implications

The SEC’s dismissal of cases against Kraken, Consensys, and Cumberland, along with the expected resolution of the Ripple lawsuit, reflects ongoing changes in the agency’s regulatory approach to the cryptocurrency industry. The outcomes of these cases may influence future enforcement actions and provide further clarity on the SEC’s stance regarding digital asset companies.

With Ripple’s case requiring additional procedural steps, the company awaits the court’s decision on lifting the injunction before the SEC can finalize its legal actions. While the agency has not publicly explained its rationale for the dismissals, these developments indicate that the regulatory landscape for cryptocurrency firms continues to evolve.

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 urged to do in-depth 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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The post Ex-Fox Business Journalist Is Not Surprised Ripple Is Not In This Major SEC Announcement appeared first on Times Tabloid.

The cryptocurrency industry is bracing for a major announcement from President Donald Trump regarding the future of U.S. crypto policy. According to Eleanor Terrett, Trump is expected to unveil his next steps for digital assets at the Blockworks Digital Asset Summit (DAS) in New York. This announcement could mark a significant shift in the government’s approach to cryptocurrency regulation.

SCOOP: I’m told a big announcement regarding @realDonaldTrump’s plans for next steps in #crypto policy is coming imminently out of the @blockworksDAS.

— Eleanor Terrett (@EleanorTerrett) March 19, 2025

Trump’s Proactive Stance on Cryptocurrency

Since returning to office, President Trump has taken a more engaged approach toward crypto policy. In January 2025, he signed an executive order aimed at supporting blockchain innovation and regulatory clarity. This marked a departure from the SEC’s historically aggressive stance and signaled the administration’s willingness to embrace digital assets as part of the U.S. financial landscape.

To reinforce this commitment, the White House recently established the Strategic Bitcoin Reserve and the United States Digital Asset Stockpile. This initiative is designed to securely manage national digital asset holdings, including Bitcoin, Ethereum, XRP, Solana, and Cardano, further positioning the U.S. as a key player in the evolving financial ecosystem.

Anticipated Details of the Announcement

While specific details of President Trump’s forthcoming announcement remain undisclosed, the cryptocurrency community is abuzz with speculation. Analysts anticipate that the address may outline comprehensive regulatory frameworks aimed at fostering innovation while ensuring consumer protection. 

There is also the possibility of introducing new initiatives to integrate blockchain technology into various sectors of the economy, reflecting the administration’s intent to position the United States as a leader in the crypto space. 

Market Reactions and Industry Implications

Trump’s upcoming speech has already sparked market optimism, with Bitcoin and other major cryptocurrencies experiencing an upward price movement ahead of the summit. Many in the industry see this as a pivotal moment that could shape the future of U.S. crypto policy, influencing everything from institutional investment to retail adoption.

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However, not all reactions are positive. Some analysts warn that while Trump’s policies may be crypto-friendly, their long-term impact will depend on specific implementation strategies. If regulatory adjustments lean too heavily toward oversight, some fear it could stifle innovation rather than support it.

Trump’s presence at the Blockworks Digital Asset Summit is historic—never before has a sitting U.S. president addressed a major crypto event. With Eleanor Terrett’s report confirming that a groundbreaking announcement is imminent, the industry is now on high alert.

Will this be the defining moment that propels U.S. crypto policy into a new era of clarity and growth? Or will it introduce new challenges that must be navigated carefully? All eyes are now on Trump and the DAS summit, where the next chapter in America’s crypto story is about to be written.

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