Stuart Alderoty, Chief Legal Officer of Ripple, has articulated key regulatory principles regarding cryptocurrency oversight in the United States. He asserts that the U.S. Securities and Exchange Commission (SEC) should limit its regulatory scope to securities transactions and refrain from classifying tokens as securities. Alderoty criticized the SEC's 'evolving token' theory as lacking a legal foundation and emphasized the need for the agency to focus on its core mandate. Ripple and other cryptocurrency executives express optimism that the incoming leadership under President Trump could lead to clearer regulatory frameworks for digital assets in 2025. Alderoty's remarks highlight a growing push from Ripple to challenge the SEC's jurisdiction and prevent regulatory overreach in the cryptocurrency sector.