Ripple Chief Legal Officer Stuart Alderoty Says U.S. Congress Must End Crypto Uncertainty

Ripple Chief Legal Officer Stuart Alderoty has emphasized the urgent need for comprehensive cryptocurrency regulations from Congress, stating that clarity is essential for American consumers and businesses. In his recent commentary, Alderoty highlighted that a significant segment of the U.S. population uses cryptocurrency and desires stronger protections, referencing surveys that show broad public support for clearer crypto regulations. He noted that the absence of consistent rules does not eliminate crypto activity but rather drives it to jurisdictions with more favorable regulatory environments. Alderoty also articulated that the potential for innovation in the U.S. could be at stake if lawmakers do not act swiftly to define clear rules. He framed this call to action as both a necessity for consumer protection and a chance for the U.S. to lead in the evolving financial infrastructure. With congressional discussions on market-structure legislation underway, Alderoty believes this fall session represents a pivotal moment for establishing the necessary regulatory framework.

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