Ripple’s CLO calls for clear SEC guidance on crypto token status.
Proposes a ‘network maturity’ test to identify non-security assets.
Ripple urges SEC collaboration to ensure innovation isn’t stifled.
Stuart Alderoty, Ripple’s Chief Legal Officer, formally requested the SEC for a clear-cut mention regarding the classification of cryptocurrencies particularly which are traded on secondary markets. In Alderoty’s opinion, not having rules in place stifles innovation and places U.S.-based blockchain companies are at a disadvantage in the worldwide market.
Today, @Ripple submitted an additional letter to the SEC’s Crypto Task Force addressing a key question from Commissioner Peirce’s “New Paradigm” speech: When does a digital asset separate from an investment contract?
We appreciate the continued engagement with the Task Force.…
— Stuart Alderoty (@s_alderoty) May 27, 2025
The letter further speaks about the need for the SEC to adopt a pragmatic
We współpracy z: https://thenewscrypto.com/ripple-urges-sec-to-clarify-crypto-token-rules-with-network-maturity-proposal/
