Ripple Backs SEC's Crypto Regulation Proposal
Photo: U.Today
Ripple has endorsed the U.S. Securities and Exchange Commission's (SEC) proposed 'Regulation Crypto Assets', calling on the U.S. regulator to massively change the way cryptos are regulated in the country. On October 20, the blockchain firm sent a comment letter to the regulator, encouraging the SEC to go ahead with the proposed regulation. They believe that the regulatory uncertainty and policymaking through enforcement for many years have driven innovation in the crypto space abroad. Ripple's Chief Legal Officer Stuart Alderoty shared the development on X.
Source: U.Today
