Crypto Bill Draft Grants XRP, Solana and Dogecoin Same Legal Status as Bitcoin

A draft version of a key U.S. Senate bill could grant major cryptocurrencies like XRP, Solana, and Dogecoin significant regulatory relief by placing them in the same category as Bitcoin and Ethereum, according to text circulating ahead of the official release. The draft of the Senate Banking Committee's "Clarity Act," released by Chairman Tim Scott of the Senate Banking Committee today, includes a provision that would classify certain tokens as "non-ancillary" assets, effectively exempting them from being ...