News AltCoins

Ripple’s Chief Legal Officer Calls Out Officials on Crypto Regulation


Stuart Alderoty takes a stand against officials’ approach to cryptocurrency regulation, highlighting the potential consequences of their words and actions on the growing digital asset industry

Ripple’s Chief Legal Officer, Stuart Alderoty, has called out officials on their position on cryptocurrencies, criticizing their approach to regulating the industry.

Stay in the know on crypto by frequently visiting Crypto News Today

In a tweet, Alderoty expressed his frustration with unelected senior bureaucrats who have prejudged the status of cryptocurrencies as securities. He emphasized the importance of recognizing the consequences of their words and actions on the rapidly growing digital asset industry.

As reported, Alderoty also urged caution in joining Massachusetts Senator Elizabeth Warren’s anti-crypto push, reminding politicians of her not-so-successful presidential campaign.

In her efforts to form a unified alliance against the digital asset sector, Warren has been reaching out to conservative Senate Republicans for support on her cryptocurrency bill, which seeks to implement stringent anti-money laundering rules.

The Ripple executive is confident in winning the ongoing legal battle against the SEC, pointing to a recent court opinion that rejected the SEC’s expert views on XRP while allowing Ripple’s experts to remain involved.

He repeatedly slammed SEC Chair Gary Gensler’s anti-crypto position, recently arguing that it could become a political liability for President Joe Biden.  CRYPTOCASTER® - DECENTRALIZED FREEDOM!
Read More at UTODAY

Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.

Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
MATIC – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
LITECOIN – ltc1qxsgp5fykl0007hnwgl93zr9vngwd2jxwlddvqt

You may also like