The U.S. Senate votes on a major crypto law on May 14: Bitcoin and XRP rise ahead of the event

Crypto investors are closely watching a major legislative event in the United States, scheduled for May 14, 2026. The U.S. Senate is due to vote on a law regulating the crypto industry, an initiative that comes after a first failure and is fueling renewed interest in digital assets such as Bitcoin (BTC) and XRP. In this context, the global cryptocurrency market recorded a 1.58% gain over 24 hours, while Bitcoin once again crossed the $80,000 threshold. Ethereum (ETH), meanwhile, is holding around $2,300, reflecting a cautious recovery in the markets. The facts The May 14, 2026 vote in the U.S. Senate marks a second attempt to pass a major crypto law, after a previous failure. This announcement has already had an impact on prices: Bitcoin rebounded above $80,000 after a slight correction, while Ethereum is trading around $2,300. In parallel, XRP-dedicated ETFs recorded their first weekly net inflow in May, a sign of growing interest from institutional investors in this token. In Asia, South Korean exchanges (Upbit, Bithumb, Coinone, Korbit, Gopax) are preparing to apply a 22% tax on cryptocurrencies starting January 2027. This measure could influence trading volumes in a region that has historically been key to the market. In Europe, Estonia issued a warning against the Zondacrypto platform for violating MiCA rules, underscoring the importance of regulation in the crypto ecosystem. Why it matters Regulatory clarity in the United States could act as a catalyst for the cryptocurrency market. Bitcoin, in particular, could benefit from renewed institutional confidence, while demand for XRP could accelerate thanks to inflows into ETFs. However, the South Korean 22% tax from 2027 could weigh on trading volumes in Asia, a market that has historically been important for cryptocurrencies. In Europe, tighter regulations, such as the warning issued in Estonia, could also affect investor confidence. To watch The result of the U.S. Senate vote on May 14, 2026, which could provide regulatory clarity. The entry into force of the 22% tax on cryptocurrencies in South Korea in January 2027. The evolution of XRP ETFs to assess the engagement of institutional investors. Market reactions to regulations in Europe, particularly following the warning issued in Estonia. Price movements of Bitcoin and Ethereum in the coming days. This U.S. Senate vote could therefore play a key role in the trajectory of cryptocurrencies, influencing both investor confidence and market dynamics on a global scale.