In an ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Legal Officer Stuart Alderotti expressed dissatisfaction with the U.S. digital asset regulatory framework during a panel discussion at the Zero Point Forum in Zurich, Switzerland.
Alderotti criticized what he described as the inconsistent application of provisions, contrasting unfavorably with global standards. He emphasized the importance of predictable outcomes for effective crypto regulation, a sentiment echoed by other industry representatives such as advocate for XRP, Bill Morgan.
The criticism reflects broader concerns within the crypto industry regarding regulatory clarity and consistency, particularly under SEC Chairman Gary Gensler.
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Ripple Executives Criticize SEC’s Cryptocurrency Regulation Approach
Ripple continues to contest SEC allegations of selling unregistered securities in the form of XRP tokens, deepening its legal battle.
Alderotti’s remarks underscore the need for a more consistent global approach to crypto regulation to alleviate market uncertainty and foster innovation.
