The Clarity Act (HR 3633) is a proposed U.S. Senate bill that would establish clear regulatory definitions for digital assets upfront, replacing the current 'regulation by enforcement' approach where the SEC sues projects after the fact; the bill addresses stablecoin regulation and has attracted bipartisan support from senators including Cynthia Lummis and Tom Tillis, with SEC Chair Paul Atkins expressing support for tailored crypto rules for on-chain markets.
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XRP Country Music Friends Family | Clarity Act Markup | SEC Crypto Rules | RLUSD USD Yield 👊😎Added:
Good late morning and welcome back to the show. James Rule XRP. I tell you what, last night I stayed up late. I brought a friend of mine to a concert. We went and saw Aaron Watson and I tell you what, it was a wonderful concert. He is a country singer. Uh they mix rock and roll, they have fiddles, they have banjos. I mean, it was a really great show and the reason I bring this up is because my friend and I were were standing in there by the stage and and right beside us was another couple and I introduced myself.
I shook the guy's hand and and I come to find out he's one of the road managers with some major country singers that are always on the road traveling with them and stuff and I gave him my business card and it had James Rule XRP on it and he goes, "Wait a minute, you're invested in XRP?" I said, "Absolutely." And he's like, "You know what? My wife and I have been invested in it. It's going to change the world. It's going to change the future of banking." And we got to talking and come to find out all of the major country stars here in the past 6 months to a year that he's been promoting and riding with and stuff, he's mentioned XRP to them. So, when you least expect it, you never know who you're going to run into. I mean, it's such a small world and it's just so amazing just a have a conversation with a complete stranger that has ties to these major country stars and has put the bug in their ear about crypto and XRP and all the above and it's just it it's really exciting. But yeah, Aaron Watson putting on a really great show. If he ever comes to your town and you like country music, I tell you what, he he's a God-fearing uh country star, talks about God and and uh the military and and he's just such a wonderful person. So, we're going to go ahead and get into it. Now, if you have not noticed, I have tweaked my page a little bit. I have a new logo that I created, the James Rule Crypto Show. I go by All the Money on Twitter/X, and I even changed up my YouTube channel.
I got some positive feedback from the community. You know, it don't just have my photo and just some crazy graphics. I actually went in and tweaked it and had AI create me some amazing graphics for my channel, you know, trying to update it a little bit, have a good time with it, and I even updated my Linktree. And as you could see, it has all of my affiliates and links and swag and all that good stuff. And, you know, just this technology, AI technology, just amazes me. So, let's go ahead and look at a little bit of news, and I got some things to show you at the end of this video. Stay tuned. We're going to make it short and sweet. So, today's sponsor is Uphold. And if you have not signed up with Uphold, you're missing out. They're 100% reserved, they're 100% transparent. I met the CEO in Lumber in London a couple years ago, and it is a fantastic team. I met Nancy and the team at XRP Las Vegas, and they are just fantastic. They never delisted XRP.
They're 100% transparent, and the main reason I bring them up is my entire trip to Las Vegas, the airfare, the hotel, the spending, I used my Uphold debit card.
And why did I do that? Well, because I keep RUSD on the platform.
And I get yield on RUSD.
You could also get yield on USD or USDC or USBC or PYUSD and RUSD.
And it's just amazing to know that you could spend your stable coins through this debit card and get XRP back in your wallet on every transaction. And this is not going to stop. This is not just a temporary thing. So, click on the Uphold link below, sign up, check out the deals, and tell them James Rule XRP sent you by. All right, crypto numbers 2.76 trillion, Bitcoin is back over 80,000, Ethereum is 32 or 2321, XRP is back in the number four position at $1.42.
Let's go on and get into it. Ellie Tarrett, check it out. Banking GOP Committee markup of the Clarity Act is set for Thursday, May the 14th at 10:30 a.m.
Make it happen, people. Make it happen, Tim Scott. Make it happen, US Senate, Congress, President, all the above. It says, "Today, Chairman Tim Scott announced the following schedule for the week of May 11th, which is coming up.
Monday's the 11th, Sunday's Mother's Day. Don't forget, tomorrow is Mother's Day."
It [snorts] says, "Thursday, May the 14th, full committee executive session consideration of HR 3633, Digital Asset Market Clarity Act of 2025 at 10:30 a.m.
Hopefully, this will be Hopefully, they'll have a live stream of this because I definitely want to watch it. And Cody Carbone of the Digital Chamber said, 'Clarity is coming.'
Clarity is coming. Are you prepared? You know, everybody I talked to about XRP throughout the years, everybody that it bought it higher, and right now they're looking at me funny, like a deer in the headlights, going, "Well, James, I spent two or three dollars on XRP, and I'm in the negative right now." Well, people, you have to be patient. You have to be patient. You have to be patient.
US Senate Committee to consider Clarity Act crypto bill next week.
And [snorts] this kind of goes over, and it says, "At its core, the Clarity Act is an attempt to replace what critics have called regulation by enforcement, Gary Gensler, with an actual rule book. Instead of the SEC suing projects after the fact and letting courts sort out the definitions, the bill would establish those definitions up front. Stablecoin regulation is also on the table. Banks have been pushing to ban stablecoin rewards, arguing that yield-bearing stablecoins undermine traditional deposit bases. Crypto firms, predictably, see the differently framing stablecoin yields as a form of financial innovation that shouldn't be strangled in the crib.
The bill has attracted bipartisan backing, with Senator Cynthia Lummis and Tom Tillis among its most most vocal supporters. Both have been advocating for the legislation since late April 2026, working to build the coalition needed to push it through committee. And I'm sorry, I'm a little tongue-twisted this morning. It also brings up Brad Garlinghouse.
He's anticipating it, and I'll leave a link to every article covered in the description of this video below. Check them out, click on them. SEC Chair Paul Atkins pushes for tailored crypto rules for on-chain markets. SEC Chair Paul Atkins said the agency is working towards tailored regulations for on-chain financial markets and blockchain-based trading systems. He outlined potential rule-making around crypto exchanges, broker-dealer classifications, clearing systems, and on-chain yield products. Atkins reemphasized his support for the Clarity bill, people.
Support for the Clarity bill. It is coming.
Last week we saw that JPMorgan and Ripple and Ondo and Mastercard are working for and made an instant transaction go through on the traditional in the traditional ecosystem.
It's happening, and people are like, "Okay, whatever." So, I had a conversation. If you have not followed Top Grandpa, you need to follow him at Top Grandpa. We met in at XRP Las Vegas and I really do consider him a friend and family. We spoke on the phone this morning about health, diet, crypto, family, and I want to thank him for the tips. He goes by @topgrandpa.
He has around 23,000 followers. He is probably the most fittiest fittest 60-plus individual that I have ever met.
He gave me a lot of protein tips, a lot of tips this morning about my diet and how to lose weight. And I tell you, here's his page.
Top Grandpa.
And you know what? He's just a great people person. He He conversed with pretty much everybody at XRP Las Vegas.
And I tell you, look at this son of a gun. He was 63 when he won this competition.
And he ain't messing around. You know, it takes a lot of determination at that age to get in shape and win a competition. And I'm I'll be 60 in October. So, my goal is the the next time that I see him at the next event, I want to be lean and mean and fit and he's going to help me get there. So, you know, it's all about the people. It's all about the positivity. It's all about looking past the trees, knowing that you are making the right decisions, meeting the best people around the world. You know, some of my best friends I have not even met in person yet. I talk on the phone all the time. I mentioned this in Las Vegas, but you know what? The ones that I finally get to meet, build a relationship with, learn about family, learn about, you know, our futures and our goals and our ambitions and our bucket list, it makes it all worthwhile.
And I'm just honored to be a part of this community. I'm honored to have a YouTube channel, see my family every day, and get to do what I do. And I tell you what? If you would subscribe to my channel, I really appreciate it. Share my channel, hit the like button, and I'm going to keep doing what I'm doing until I can't do it anymore. So, have a good day. James Rule XRP is out of here, and uh don't forget people, I told you so.
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