Sep 2018

In Ripple CLARITY Act news, the SEC is scheduled to vote on August 14, 2026, on whether to publish a proposal known as Regulation Crypto for public comment. The proposal would create a bespoke offering regime under the Securities Act for investment contracts involving the offer of crypto assets, replacing staff guidance and policy statements with more permanent regulations.

The vote would begin a formal rulemaking process if commissioners approve publication. A proposal released for comment would not itself be a final rule; the SEC would still need to gather public input, revise the proposal as appropriate, and bring a final rule back to the commission for consideration.

This move could be boosted by the Senate not making a decision on the CLARITY Act before the August recess, with the next meeting set for September. XRP USD is trading just above key support at $1, with the uncertainty creating indecision on the chart.

A Regulator Moving Where Congress Hasn’t

The three-member commission will decide whether to approve publication of the proposal for a public comment period. That decision would mark the start of rulemaking aimed at establishing more permanent rules for digital-asset firms.

SEC Chairman Paul Atkins has ranked crypto rulemaking as a top priority for the agency. The proposal follows a Senate vote on the Digital Asset Market Clarity Act that did not advance before the August recess, leaving the market-structure bill stalled.

Until now, the SEC’s crypto approach has relied substantially on staff statements and policy guidance. Formal notice-and-comment rulemaking, by contrast, is intended to produce durable, binding regulations once finalized.

What the Proposal Could Do as the CLARITY Act Stalls

Regulation Crypto is expected to provide an exemption that would allow qualifying crypto projects to raise capital without automatically triggering SEC registration requirements. The proposal may also describe circumstances in which the SEC’s securities jurisdiction no longer applies after the managerial efforts involved in an investment contract have been exhausted.

That approach could address a longstanding question in U.S. crypto regulation: whether an asset that initially qualifies as part of an investment contract must always remain a security. The SEC’s rulemaking could provide issuers with greater clarity about compliance at different stages of a project’s lifecycle.

TD Cowen analyst Jaret Seiberg wrote that the proposal could be the first in a series of crypto regulatory proposals following the stalled legislative effort. The SEC’s work also follows joint efforts with the Commodity Futures Trading Commission to create a taxonomy for crypto assets and additional rules relating to tokenized securities.

Why the Vote Matters for CLARITY Act XRP Readers

The proposal is described as a regime for qualifying crypto projects. For readers following XRP, the immediate significance of the August 14 meeting is procedural: commissioners are considering whether to publish a proposed framework for comment, not whether to adopt a final rule that day.

If published, the proposal would reveal further details about the expected offering exemption and circumstances in which securities jurisdiction may no longer apply. The expected framework could give qualifying projects a path to raise capital without full registration and could address the role of managerial efforts in an investment contract, but the final details would remain subject to the rulemaking process.

The Ripple CLARITY Act Bottleneck

With the market-structure bill stalled, formal SEC rulemaking is one of the primary avenues through which crypto offerings may be defined under federal securities law. The agency’s proposal is therefore expected to provide a clearer path for U.S. crypto policy while Congress considers broader legislation.

Atkins has also called for congressional legislation to establish guardrails around U.S. crypto markets. SEC rulemaking and congressional action can therefore proceed on separate tracks, with the agency’s proposal focused on the regulatory treatment of crypto-related investment contracts.

Read more: SEC open meeting notice, August 14, 2026