| Key Points: – April approval seen as milestone, not final legislative completion. – 80% approval chance by April, yet passage requires further actions. – Senator targets 2025 window, underscoring April as progress checkpoint. |
According to CoinGape, Ripple CEO Brad Garlinghouse said a crypto market bill has an 80% chance of approval by April as crypto firms and banks near a compromise. Recent community optimism aligns with these remarks.
April, however, should be understood as a checkpoint rather than final passage. Any comprehensive outcome depends on additional steps that can extend beyond a single month.
Senator Tim Scott has signaled a later window, indicating a market‑structure bill target around September 30, 2025. That suggests April could mark progress, not completion.
Legal timelines remain separate from legislation. Jeremy Hogan, a crypto lawyer, has projected the Ripple–SEC case could reach a key stage by April or May 2025, citing filing deadlines around mid‑April.
What the crypto market bill is and why it matters
Multiple reports label the effort the CLARITY Act and frame April as a potential decision point. As reported by U.Today, the proposal’s passage odds have been pegged near 80% this spring.
Ripple’s legal leadership has described negotiations as moving forward. “Productive,” said Stuart Alderoty, Chief Legal Officer at Ripple. He has also cautioned about potential overreach in draft language, including treatment of “ancillary assets.”
The bill matters because it seeks clearer market‑structure rules and could influence how tokens such as XRP are treated in the United States. That clarity could reduce regulatory uncertainty that has weighed on market participants.
At the time of this writing, XRP traded near $1.46. The data indicate bearish sentiment, very high 13.85% volatility, and neutral momentum with an RSI around 44. SMA levels sit near 1.83 (50‑day) and 2.34 (200‑day).
April timeline credibility and next steps: quick answers
Which bill is referenced: CLARITY Act or similar?
Coverage references the CLARITY Act. Reports describe it as a market‑structure package under discussion among crypto firms, banks, and policymakers, with April cited for potential approval milestones.
How April milestones could affect XRP and Ripple–SEC
April may align with procedural filings in Ripple–SEC and legislative checkpoints. Any movement could shape regulatory clarity for XRP, but outcomes remain uncertain and contingent.
Disclaimer:
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