On March 22, Ripple Chief Legal Officer Stuart Alderoty announced that the company had submitted its official response to U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce’s request for public input on crypto taxonomy rules. The response addresses the ongoing regulatory uncertainty surrounding digital assets and calls for a return to clear statutory principles. Today, @Ripple submitted its response to Commissioner @HesterPeirce ’s Feb. 21 statement: “There must be some way out of here,” calling for public input on crypto taxonomy rules. That Dylan lyric continues: “There’s too much confusion, I can’t get no relief.” The prior… — Stuart Alderoty (@s_alderoty) March 21, 2025 Peirce’s February 21 statement, which quoted Bob Dylan’s lyric “There must be some way out of here,” highlighted the need for structured public discourse on the classification of cryptocurrencies. Ripple’s response aligns with this perspective, emphasizing the importance of well-defined regulations for the industry’s growth. Ripple Criticizes Former SEC Administration’s Approach In his statement, Alderoty referenced another Dylan lyric: “There’s too much confusion, I can’t get no relief,” asserting that the previous SEC administration relied on ambiguity to avoid compliance with legal standards. Ripple argues that the SEC’s inconsistent stance on cryptocurrency has hindered innovation and created an unstable regulatory environment. The crypto world anticipated a change in SEC leadership for years, and XRP experienced a notable surge immediately after former SEC Chair Gary Gensler announced his resignation date in late 2024. Ripple’s submission urges the SEC’s Crypto Task Force to prioritize legal clarity and operate within its statutory authority. The company stresses that regulatory uncertainty has negatively impacted businesses and investors, reinforcing the need for structured rules that align with existing laws. In early 2025, Alderoty called on the SEC to stop its overreach, outlining the cases where its regulatory authority applies, among other principles to guide the organization going forward, and this submission reinforces that sentiment. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Implications for Ripple’s Legal Battle with the SEC Following Alderoty’s announcement, crypto influencer Amelie (@_Crypto_Barbie) shared the update, suggesting that this submission could signal the official resolution of Ripple’s long-standing case with the SEC. The SEC has agreed to drop its appeal against Ripple, but some in the community still doubt this major development because of the absence of an official filing dismissing the case. Ripple’s response is part of broader efforts by industry participants to advocate for transparent crypto policies. Market participants in the crypto space share the stance that the SEC should focus on principles that provide certainty to market participants rather than relying on enforcement-driven approaches. By working with prominent figures in the crypto space, the SEC can build a framework that allows for innovation while protecting investors. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ripple CLO Calls for Regulatory Clarity in Crypto Taxonomy appeared first on Times Tabloid .
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