Crypto Exchanges

Story: Ripple’s Legal Chief Calls for Clear SEC Rules to Accelerate XRP ETFs

By James Thorp

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The Importance of Regulatory Clarity for XRP ETFs. XRP has gained significant attention recently as investors and institutions look to gain exposure…

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Legal Backing From Recent Court Rulings. Alderoty cited the recent court ruling by Judge Torres in the ongoing SEC v.

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Why Congress Should Shape Crypto Law. One of Alderoty’s key points is that the SEC should not act alone in defining the rules for…

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Ripple’s ‘Network Maturity’ Test: A New Way to Define Tokens. In addition to calling for congressional action, Ripple proposed a new concept called the ‘network…

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Industry-Wide Demand for Fairer Crypto Regulations. Ripple’s request is part of a growing movement within the crypto industry to seek clearer and more…

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Why This Matters for Investors and the Market. For investors, the arrival of XRP ETFs would offer a simpler and more accessible way to gain…

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Looking Ahead. The SEC’s stance on crypto remains a central factor for the industry’s future.

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Ripple’s Chief Legal Officer, Stuart Alderoty, has made a strong appeal for the U.S. Securities and Exchange Commission (SEC) to provide clear and fair regulations on how…

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XRP has gained significant attention recently as investors and institutions look to gain exposure through ETFs, which can make the asset easier to buy and sell within traditional…

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In a letter addressed to the SEC’s Crypto Task Force, Stuart Alderoty emphasized that the majority of cryptocurrencies traded on secondary markets should not be treated as…

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Alderoty cited the recent court ruling by Judge Torres in the ongoing SEC v. Ripple case as a key legal foundation supporting Ripple’s position.

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Further supporting this view, Alderoty referenced a legal paper authored by attorney Lewis Cohen, which states that a token should only be considered a security if there is a…

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According to Alderoty, existing securities laws were crafted decades ago for traditional financial products and do not fit well with decentralized cryptocurrencies.

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By having Congress establish clear laws tailored to the crypto industry, companies and investors would gain better guidance.

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In addition to calling for congressional action, Ripple proposed a new concept called the ‘network maturity’ test to help determine whether a token should be classified as a…

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