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CLARITY Act Is A Big Step For US Crypto Regulations, Ripple CLO Says

  • Stuart Alderoty, Ripple’s Chief Legal Officer, expressed strong support for the bipartisan Digital Asset Market Clarity Act, a legislative proposal unveiled in Congress on May 29, 2025, aimed at establishing clearer regulatory guidelines for the cryptocurrency industry.
  • The bill emerged from collaborative efforts of several lawmakers seeking to clarify SEC and CFTC regulatory roles amid years of unclear crypto oversight.
  • The legislation generally categorizes the majority of digital assets as commodities regulated by the CFTC, while securities continue to fall under SEC jurisdiction, with the goal of safeguarding consumers and fostering innovation.
  • Alderoty highlighted that the legislation represents important progress toward establishing a clear and effective regulatory system for digital assets in the U.S., emphasizing that achieving such clarity should not be a matter of dispute.
  • The CLARITY Act’s progress signals a potential shift toward clear crypto rules, offering regulatory certainty that could encourage U.S. Market growth and wider digital asset adoption.
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TokenPost broke the news in on Friday, May 30, 2025.
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