
XRP Whale-Retail Spread On Binance Falls To 2024 Levels — What’s Happening?
XRP Whale-Retail Spread Falls to 88% on Binance — Key Insights

Donald Trump announced he will sign the CLARITY Act immediately, which aims to clarify regulations on digital assets. However, the act faces delays in the Senate due to disputes over stablecoin regulations.
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Just hours before attending another event in the White House from which he had to be evacuated after multiple gunshots were heard, US President Donald Trump delivered a 45-minute keynote speech at his own meme coin gathering at Mar-a-Lago.
According to attendees cited by several journalists, he spoke about several major hot topics, including the war in Iran, Joe Biden, and the CLARITY Act.
Introduced by House Committees on Financial Services and Agriculture in June last year, the Digital Asset Market Clarity Act of 2025 (or simply, the CLARITY Act) passed in the House months later, and moved to the Senate Banking Committee where it faced multiple delays as all parties involved continue to dispute over certain regulations, especially those related to stablecoins.
Some of the key features include splitting jurisdictions between the CFTC and the SEC, with the former regulating digital commodities and the latter overseeing investment contract assets (tokens sold via securities offerings). It also wants to enhance DeFi protection by regulating centralized intermediaries rather than software developers or decentralized protocols.
Arguably, the most divisive feature was the regulation of stablecoins and potential yields, with some industry experts calling it a ‘horrible’ bill, while Coinbase was blamed for undermining it.
Nevertheless, US President Donald Trump remains optimistic that it will be passed soon and, while speaking at the Mar-a-Lago event, reportedly said he would “sign it immediately” once it lands on his desk. He has been adamant in the past that this bill has to pass as soon as possible, and even lashed out at some of the parties that were allegedly blocking it.
In case the catch isn’t obvious until now: even though the POTUS wants it passed and he pledged to sign it immediately, it still has a long way to go. It has been roughly nine months since the House did its job, and the reports coming within this timeframe have been promising, but to no avail so far.
Deadlines have slipped, interested parties have spoken against each other, while industry experts have weighed in on the potential impact once (or if) it passes. With the midterms approaching and the Democrats’ expected victory, uncertainty is likely to increase if there’s no official resolution by then.
The CLARITY Act seeks to clarify regulations for digital assets by dividing oversight between the CFTC and SEC, enhancing protections for decentralized finance.
The act is delayed due to ongoing disputes among parties regarding specific regulations, particularly those concerning stablecoins.
Key features include jurisdictional splits between the CFTC and SEC and a focus on regulating centralized intermediaries in the DeFi space.

XRP Whale-Retail Spread Falls to 88% on Binance — Key Insights

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