Crypto Market Bill Nears Resolution as Ripple CLO Signals Compromise After Key Meeting

The crypto market bill could finally be set to advance amid positive signals from the just-concluded negotiation. Ripple’s CLO confirmed the meeting to be highly productive as they seek to progress the legislation.

Ripple CLO Signals Compromise on Crypto Market Bill

Stuart Alderoty, Ripple’s Chief Legal Officer, said in a recent X post that talks on the bill were indeed productive. He also added that the parties involved are nearing a compromise as the United States waits for further clarity on crypto market rules.

The White House held another meeting for negotiation on the crypto market bill concerns on Tuesday. Reports indicated that there were concessions made, but no final resolution has been reached yet.

According to Eleanor Terrett, both sides were positive about the negotiations as talks on key matters progressed. For instance, unlike the previous meeting where bank executives did not look ready to deliberate, this time they came with a list of rules they are willing to compromise on and vice versa with stablecoin rewards.

The banks were previously unwilling to discuss any proposed exemption regarding offering rewards. However, they have now included that in their prohibition principles, signaling compromise.

The other issue highlighted in the meeting was what kinds of account activity that could be permitted for crypto firms to be able to offer rewards. Further talks are expected to continue on the crypto market bill.

Confidence in CLARITY Act Progress in 2026 Drops

While key industry leaders continue their talks on the matter, crypto traders’ confidence in the passage of the legislation has continued to drop. This may also be related to the bearish sentiment currently circulating in the market.

Polymarket data showed that the odds of this happening has continued to fall. New data now projects 56% dropping from previous highs of around 70%.

This comes despite push from key officials to get the crypto market bill over the line. As CoinGape reported, U.S. Treasury Secretary Scott Bessent urged the leaders to reach a deal. He also slammed opposition to the bill as a deterrent to progress.

The passage of this legislation could finally bring some relief for the market, which has been in a downtrend since reaching previous highs last October.