CLARITY Act clears Senate Banking Committee 15-9; XRP and DOGE surge on crypto regulation clarity

The Clarity Act, the first major US crypto legislation, advanced through the Senate Banking Committee with a 15-9 vote, granting crypto assets commodity status and clarifying regulatory oversight. XRP jumped 5-6% and DOGE surged 5% as the market priced in reduced regulatory uncertainty and a path to institutional adoption, lifting broader crypto sentiment.