Ripple Chief Legal Officer Stuart Alderoty said XRP already has the kind of regulatory clarity that much of the crypto industry is still seeking, regardless of whether the U.S. Congress passes the CLARITY Act. His comments frame XRP as standing on firmer regulatory ground than many other digital assets.
Alderoty said that certainty comes from two separate tracks. The first is the outcome of Ripple’s litigation with the U.S. Securities and Exchange Commission, or SEC. The second is guidance jointly issued by the SEC and the Commodity Futures Trading Commission, or CFTC, which he said confirmed XRP’s status.
The remarks were carried by Techub News, citing CoinPedia. No additional details on the legislation or timing were provided in the source brief.
Ripple Chief Legal Officer Stuart Alderoty said XRP already has the regulatory clarity that much of the crypto industry is still trying to secure, regardless of whether the U.S. Congress passes the CLARITY Act.
He said that certainty comes from two separate channels: the outcome of Ripple’s litigation with the U.S. Securities and Exchange Commission, and guidance jointly issued by the SEC and the Commodity Futures Trading Commission that, according to Alderoty, confirmed XRP’s status.
The brief was reported by Techub News, citing CoinPedia.
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