XRP Las Vegas Bombshell: Lawyers Say XRP Does Not Need the Clarity Act
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May 1, 2026: At XRP Las Vegas, lawyers John Deaton and James Murphy said XRP already has regulatory clarity after a federal court ruling and an April 2026 SEC/CFTC designation as a commodity, arguing the Clarity Act is unnecessary. Ripple Treasury’s new digital asset framework is live for cross‑border and intercompany settlements using XRP and RLUSD on XRPL, with global banks and the DTCC accelerating adoption. Crypto sector shifting to treasury and usage‑first tools like Clear Connect, signaling adoption-driven token demand and highlighting implications for security/commodity status, enterprise settlement, and price impact.
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- At XRP Las Vegas, lawyers who won the XRP case against the SEC said XRP does not need the Clarity Act to advance.
- The federal court ruled that XRP itself is not a security, and the SEC and CFTC last month designated it as a commodity token.
- The crypto sector is shifting to treasury tools like Clear Connect, where usage builds first, and prices follow.
On May 1, 2026, in a bombshell XRP Las Vegas panel, lawyers John Deaton and James Murphy, who defeated the U.S. Securities and Exchange Commission (SEC), declared XRP already possesses full regulatory clarity as a commodity and needs no Clarity Act.
Ripple Treasury’s new digital asset framework is now powering live cross-border and intercompany settlements with XRP and RLUSD on the XRPL. At the same time, global banks and the Depository Trust and Clearing Corporation (DTCC) are accelerating adoption regardless of…
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