Ripple backs SEC crypto rule after $150M legal fight, seeks key changes

Ripple backs SEC crypto rule after $150M legal fight, seeks key changes

Ripple backs the SEC's proposed crypto rules after a $150M legal fight, seeking clearer standards for token securities, issuer promises and trading.

Ripple Backs SEC Crypto Proposal, Calls for End to Case-by-Case Enforcement

TL;DR Ripple supports the SEC’s Regulation Crypto Assets and wants it finalized as a replacement for case-by-case enforcement, which Stuart Alderoty says created uncertainty. The company argues that investment contracts, not tokens themselves, should determine securities status, while Rule 400 should cover managerial work that is completed or abandoned. Ripple says its $150 million battle ...

Ripple CLO Has An Update for XRP Army

Ripple filed its formal comment letter with the SEC on October 20. The company responded to the agency’s proposed Regulation Crypto Assets and urged the Commission to adopt it as a final rule. Chief Legal Officer Stuart Alderoty published a summary of the letter, stating the SEC has ample statutory authority to act and that […]

Ripple Backs SEC Crypto Rule Proposal, Seeks Clarity on Tokens

Ripple argues that an investment contract, rather than the token involved, is the security. Its chief legal officer says the company spent more than $150 million seeking regulatory clarity.

Ripple Files 20-Page Letter Supporting SEC Regulation Crypto Assets

TLDR Ripple filed a 20-page comment letter on October 20 supporting the SEC’s proposed Regulation Crypto Assets. The company says an investment contract can be a security without making the token itself a security. Ripple opposes using decentralization as a separate legal test and wants regulators to focus on issuer promises. It is asking for [...]

Ripple spent $150M fighting the SEC lawsuit – Now it wants clear crypto rules

Ripple’s support highlights growing pressure on the SEC to establish predictable rules for token issuers and crypto fundraising.