Warren Targets Grandfather Clause in CLARITY Act, Key Coins at Risk

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Senator Elizabeth Warren filed more than 40 amendments ahead of Thursday’s Senate Banking Committee markup, including one to remove the CLARITY Act’s grandfather clause that would have automatically classified assets as commodities if they back a US-listed spot ETF/ETP by January 1, 2026. The move reintroduces regulatory uncertainty for major crypto tokens—XRP, Solana, Litecoin, Hedera, Dogecoin and Chainlink—with XRP potentially most exposed because Ripple’s holdings could exceed proposed limits, posing downside risks for crypto adoption, ETF listings, CEX/DEX operations and token launches.
- Elizabeth Warren filed an amendment to remove the CLARITY Act’s grandfather clause.
- XRP, Solana, Litecoin, Hedera, DOGE, and Chainlink could lose automatic commodity status.
- XRP may face the biggest impact, as Ripple’s holdings could exceed proposed limits.
Senator Elizabeth Warren has filed more than 40 amendments to the CLARITY Act ahead of Thursday’s Senate Banking Committee markup.
One amendment targets a section of the bill that would automatically classify certain crypto assets as commodities if they already back a US-listed spot ETF or ETP by January 1, 2026.
The proposal now puts several large-cap tokens back into regulatory uncertainty. Tokens tied to the clause include XRP, Solana, Litecoin, Hedera, Dogecoin, and Chainlink.
Under the current draft of the CLARITY Act, those assets could bypass the bill’s “mature blockchain” decentralizati…
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