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Ripple's legal chief is advocating for innovation-friendly cryptocurrency regulations as the company prepares for a pivotal mediation with the SEC. The mediation process is set to begin on December 23, with appeal transcripts due by January 30, 2025. This case has become a focal point for the broader regulatory challenges facing the crypto industry. Ripple is also urging the SEC to restore trust and is looking towards potential changes in leadership under the incoming Trump administration, which could lead to a shift in regulatory policies. Stuart Alderoty, Ripple's legal chief, emphasized the need for a 'clean house' approach to address the ongoing issues with the SEC's stance on cryptocurrency.
🚨 XRP lawsuit hits 4 years and Ripple’s not staying quiet! Ripple is pushing the SEC to rebuild trust as they eye Trump’s new admin for a crypto reset. 🇺🇸 Stuart Alderoty says it’s time to clean house and fix the damage. A new SEC chair + Crypto Czar could flip the script for…
Forget about crypto for a second. The next chair of the House Financial Services Committee has been pushing for innovation in the banking sector for nearly half a century. @BrendanPedersen in The Readback: https://t.co/ONWVmep9Cs https://t.co/uxUwsgue9z
Ripple and the SEC: A Legal Battle That Could Reshape Crypto The Ripple-SEC case isn’t just courtroom drama - it’s a lens into the bigger regulatory storm brewing over crypto. Key dates are locked in: mediation starts December 23, transcripts are due by January 30, and… https://t.co/L0V702moL3