BlackRock Insider Reveals XRP Clarity Act Bombshell

Crypto Crusaders founder Levi Rietveld recently posted a video breaking down a BlackRock-linked warning on the CLARITY Act and what it means for XRP’s price.

The video features clips of SEC Chair Paul Atkins and Joseph Chalom, CEO of SharpLink and former 20-year Managing Director at BlackRock, where he led Strategic Ecosystem Partnerships.

Chalom’s Comments On Asia and Global Rules

In his video, Rietveld played a clip of Chalom discussing his travels through Korea and Hong Kong. Chalom said he’s very optimistic about crypto regulation in the long term. He warned that if the CLARITY Act stalls, Asian governments could pass their own rules and get ahead of the U.S. He said the industry needs “a lot more clarity” on rules, global rates and geopolitics.

Rietveld connected this to a broader competitive point. He argued that Japan, South Korea, and parts of Europe already move faster than the U.S. on crypto rules. He said banks lobbying against the CLARITY Act delay the bill because it would let crypto exchanges take market share from banks.

The SEC Reforms

Rietveld also played a clip of Atkins describing “Project Crypto,” the SEC’s push to modernize digital asset rules. Atkins, who has led the pro-crypto SEC regime since Donald Trump took office, said the commission has delivered the certainty the community has been calling for. Issuers can now know whether a token is a security before they act.

Where the CLARITY Act Stands

The Senate Banking Committee advanced the CLARITY Act on May 14 by a vote of 15-9. Lawmakers placed the bill on the Senate Legislative Calendar in June. It still needs a floor vote, and that vote requires 60 votes to beat a filibuster. However, the bill did not pass by July 4, missing the White House’s stated target date.

What This Means for XRP

Rietveld predicted short-term turbulence for XRP once the market fully absorbs that the CLARITY Act missed its July 4 target. He said whales and institutional investors are positioning for a near-term correction.

He framed the longer view differently. He said crypto adoption will keep expanding regardless of the bill’s exact timeline, pointing to parallel movement in the U.S., Europe and Asia. His stated strategy is to dollar-cost average through volatility and treat six-month swings as noise against the longer cycle.

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