Clarity Act Can End a Decade Of SEC Fights Over XRP, ADA, HBAR & XLM

A proposed Clarity Act could enshrine into federal law that Hedera’s HBAR, along with XRP, ADA, and XLM, are digital commodities regulated by the CFTC rather than securities under the SEC. If passed, the bill would hard-code the regulatory status, potentially ending enforcement-based actions and enabling spot ETFs for these tokens. The piece highlights Senate hurdles, timeline targets (July 4), and potential institutional pilots transitioning to production, impacting Hedera’s regulatory clarity and market access.