Ripple Leads the Way in Shaping U.S. Crypto Legislation
Main Idea
Ripple has responded to the U.S. Senate Banking Committee's request for information on proposed crypto market structure legislation, emphasizing the need for clear regulatory frameworks and balanced oversight.
Key Points
1. Ripple's Chief Legal Officer, Stuart Alderoty, expressed the company's readiness to contribute to the legislative process.
2. The legislation aims to define the SEC's jurisdiction and establish a balanced oversight framework, potentially including auxiliary assets.
3. Ripple's feedback highlights the importance of investor protection and regulatory clarity in the crypto market.
4. The company's views could influence the legislative preparation process, as extensive industry input is being sought.
Description
Ripple contributes to Senate's crypto legislation with regulatory experience. Proposed law aims to define digital asset jurisdiction between CFTC and SEC. Continue Reading: Ripple Leads the Way in Shaping U.S. Crypto Legislation The post Ripple Leads the Way in Shaping U.S. Crypto Legislation appeared first on COINTURK NEWS .
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