Breaking News on the US "CLARITY Act": XRP, SOL, and Other Tokens May Achieve Asset Status Equivalent to BTC, ETH

According to a post by Cointelegraph today, the US "Digital Asset Market Transparency Act" (referred to as the "CLARITY Act") may classify tokens such as XRP, SOL, LTC, HBAR, DOGE, and LINK as having asset status equivalent to Bitcoin (BTC) and Ethereum (ETH).

This change means that if these digital assets become underlying assets of exchange-traded products before January 1, 2026, they will fall under the regulatory scope and applicable rules for crypto assets (rather than securities).

Analysts believe that this legislative initiative aims to expand the regulatory scope of the digital asset market, bringing more legitimacy and market recognition to these assets; further consolidating their position within the financial system, thereby enhancing market transparency and stability.

However, this change could also trigger some controversy and challenges. For example, some members of the crypto community worry that it might limit innovation and development of new digital assets on exchanges.

Additionally, ensuring that these approved digital assets truly meet regulatory requirements, and addressing potential future regulatory loopholes, are key issues that need to be prioritized and resolved.

Currently, the bill is still in the legislative process, and its specific provisions and final effective date are yet to be reviewed and approved by Congress. If successfully passed and implemented, it could greatly increase the attractiveness of related assets to traditional financial institutions and potentially reshape the competitive landscape and innovation pathways of the entire cryptocurrency industry.

In summary, the passage of the US "Digital Asset Market Transparency Act" will not only expand the regulatory scope and improve market transparency and stability but may also trigger a series of controversies and challenges.

In the future, ensuring that digital assets comply with regulatory requirements and addressing potential regulatory loopholes will be key topics for market development.

#CLARITY Act