Ripple’s Legal Chief Urges Clear Crypto Laws as SEC Withdraws
By: cryptosheadlines|2025/05/04 15:00:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com NewsRipple’s Alderoty slams SEC for unclear crypto regulations.SEC withdraws Ripple appeal, signaling retreat from crypto cases.Alderoty urges Congress to enable clear, innovation-friendly crypto laws.Ripple Chief Legal Officer Stuart Alderoty has raised anew concerns about how the United States Securities and Exchange Commission (SEC) deals with cryptocurrency regulation. His statement comes following the SEC’s voluntary withdrawal of an appeal in its extended legal saga against Ripple. Which is something he suspects serves to show broader issues about the agency’s regulatory strategy.Alderoty challenged the SEC’s intentions for bringing enforcement actions when there are no clearly defined rules for digital assets. “Why bring these cases if the rules themselves are unclear?” he suggested, referencing what he perceives as an uneven pattern of enforcement by the agency. His comments reflect a wider sentiment in the crypto space that regulatory uncertainty still holds back substantive innovation and business growth.Ripple’s legal win is not just consequential for the firm itself. Alderoty emphasized that this wasn’t a solitary instance. He pointed out the SEC has also been backing off from other enforcement actions. This is positing a reversal of the agency’s stance as it faces blowback from legal professionals and also market participants alike.Inviting legislative action, Alderoty called on U.S. legislators to intervene and establish a clear, orderly framework for regulating digital assets. “It’s time to clean up the mess,” he said. Emphasizing the need for laws that are transparent and effective in safeguarding consumers. That is maintaining market integrity and enabling innovation to flourish.He also reiterated that good crypto regulation must be created in cooperation with industry players. And Congress with the aim of keeping the U.S. competitive in the digital economy.With Ripple shifting its focus back to business operations. Alderoty’s appeal gains strength from mounting calls for sweeping and well-considered regulatory changes in the crypto arena.Highlighted Crypto News TodayVIRTUAL Price Surged 300% from April Lows, Will the Rally Continue?shareSneha is a crypto enthusiast who loves turning complex crypto news into simple and clear information. She enjoys sharing the latest updates in the crypto world through engaging content that informs and keeps readers interested.Source link
You may also like

Wall Street's Most Mysterious Money-Making Machine, Crashing Bitcoin Price at 10 a.m. Sharp Every Day
Jane Street's reputation has continued to suffer in recent years

Key Market Information Discrepancy on February 26th - A Must-Read! | Alpha Morning Report
1. Top News: Major Cryptocurrencies, Including Bitcoin, Surge; Jane Street Halts "10 AM Dump" After Lawsuit
2. Token Unlock: $MIRA, $SAHARA, $HUMA, $BLAST, $ALOT

How was the Backpack staking token swap established?
Backpack is taking a path of unvalidated transactions, requiring a delicate balance between regulators, equity holders, and token stakers.

Can You Still Launch a VC Firm Today?
Put Your Reputation on the Line, Find a Clear Edge, Win a Few Key Trades, and Stay in It for the Long Haul

Claude Cowork Adds Scheduled Task, Jane Street Incident Continues to Stir, What's the Overseas Crypto Community Talking About Today?
What Was Trending for Foreigners in the Last 24 Hours?

Leveraging $6,000 to Move a $200M Market Cap? How Polymarket Creates an "Insider Trading Illusion"
After a large bet on Meteora on Polymarket, the price of MET rose instead of falling within an hour.
WEEX AI Hackathon: $8B Traded, Real AI Strategies Proven
How profitable is AI trading in real crypto markets? WEEX's $1.88M global AI hackathon reveals $8B volume, 227% ROI, API strategy data, and why only 8 of 37 traders made profit.

Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…

Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…

Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…

The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.
The original idea was to combine a bank-licensed compliant entity with an underlying clearing network built over three years by a Silicon Valley giant, to enable seamless payments for everything you can imagine

February 25th Market Key Insights, How Much Did You Miss Out?
1. On-Chain Funds: $32M inflow to Ethereum this week; $54.9M outflow from Arbitrum
2. Largest Price Swings: $SN115, $RAVE
3. Top News: Tonight's Circle and NVIDIA earnings reports, AI narrative's impact on crypto market sentiment under scrutiny

Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law
In the world of crypto, the first lesson you learn is the importance of "HODLing" on.

IOSG: DeFi Upward, User Downward; Curator's New Paradigm of CeDeFi
As DeFi matures and grows more complex, the Curator is becoming a key intermediary connecting risk and users.

DDC continues to advance its Bitcoin reserve strategy, with a total holding of 2118 BTC
DDC Enterprise Limited has today announced the additional purchase of 50 bitcoins, increasing its total bitcoin holdings to 2,118 bitcoins. This latest acquisition marks DDC's seventh consecutive week of executing its bitcoin accumulation plan. Based on its current holdings, DDC is ranked 34th in the global publicly traded companies bitcoin holdings list.

From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC
Profit margins nearing the red line, miners are starting to use Bitcoin as fuel.

How Can Agentic Commerce Empower AI to Start Making Money?
The first wave of moneymaking AIs has arrived, which projects are worth paying attention to

February Correction: Is the Crypto Market Bottoming Out?
Based on historical experience, the most intense phase of this downturn may be about to end.
Wall Street's Most Mysterious Money-Making Machine, Crashing Bitcoin Price at 10 a.m. Sharp Every Day
Jane Street's reputation has continued to suffer in recent years
Key Market Information Discrepancy on February 26th - A Must-Read! | Alpha Morning Report
1. Top News: Major Cryptocurrencies, Including Bitcoin, Surge; Jane Street Halts "10 AM Dump" After Lawsuit
2. Token Unlock: $MIRA, $SAHARA, $HUMA, $BLAST, $ALOT
How was the Backpack staking token swap established?
Backpack is taking a path of unvalidated transactions, requiring a delicate balance between regulators, equity holders, and token stakers.
Can You Still Launch a VC Firm Today?
Put Your Reputation on the Line, Find a Clear Edge, Win a Few Key Trades, and Stay in It for the Long Haul
Claude Cowork Adds Scheduled Task, Jane Street Incident Continues to Stir, What's the Overseas Crypto Community Talking About Today?
What Was Trending for Foreigners in the Last 24 Hours?
Leveraging $6,000 to Move a $200M Market Cap? How Polymarket Creates an "Insider Trading Illusion"
After a large bet on Meteora on Polymarket, the price of MET rose instead of falling within an hour.