BitcoinSistemi 2025-05-03 20:28:06

Ripple’s Chief Legal Officer Explains Why the SEC Withdrew Its Appeal in the Case

In the latest episode of “Crypto In One Minute,” Ripple (XRP) Chief Legal Officer (CLO) Stuart Alderoty discussed why the U.S. Securities and Exchange Commission (SEC) withdrew its appeal of its case against Ripple in March 2025 and the new direction the U.S. is taking on crypto regulation. Alderoty summarized the process with a 60-second statement after a six-year legal battle. He noted that the SEC had withdrawn its lawsuits not only against Ripple, but against all cryptocurrency companies in the country, and stated that the main reason behind this decision was that criminal proceedings carried out without clear and explicit legal regulations have become unsustainable. Related News: Are the Expected FED Interest Rate Cuts Coming? BlackRock Investment Manager Comments “They finally accepted something we’ve been saying from the beginning: You can’t say you violated the law without explaining what the law says,” Alderoty said, adding that there has been no clear regulation of cryptocurrencies in the US for a long time. The Ripple executive also said that with litigation behind us, the focus should now be on business and innovation. Alderoty said that Congress should work with the government to implement “smart crypto regulations” that protect consumers, ensure the integrity of markets, exclude bad actors, and pave the way for innovation. *This is not investment advice. Continue Reading: Ripple’s Chief Legal Officer Explains Why the SEC Withdrew Its Appeal in the Case

Enim loetud uudised

OCC: Banks Can Buy and Sell Their Customers'...
2025-05-07
Solana Name Service Launches SNS Token to Boo...
2025-05-07
Falling DXY part of US financial system’s ‘lo...
2025-05-07
Ex-SafeMoon CEO claims innocence, blames foun...
2025-05-07
Best Coins to Join Now- Cardano’s Bearish Dip...
2025-05-07
Fed Officials Fail To Cut Rates After U.S. Ec...
2025-05-07
Solana Name Service to Airdrop 40% of Token S...
2025-05-07
Fed Stagflation Risk Signal Could Be Bullish...
2025-05-07

Seotud uudised

OCC Approves Banks to Handle Crypto Assets: Key Ta...
07 May 2025
Bitcoin Edges Higher After Fed Leaves Rates Untouc...
07 May 2025
Trillion-Dollar Fintech Giant Stripe Steps Into St...
07 May 2025
$MELANIA Lightning Buy Nets Traders $100M in 150 S...
07 May 2025
Crypto.com Expands US Presence with New Washington...
07 May 2025
Could a Weaker Dollar Position Bitcoin Favorably i...
07 May 2025

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine