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Cryptocurrency News Articles

Market Dynamics Shift: Spot Demand Driving XRP Rally?

May 03, 2025 at 02:45 pm

Speaking at a “Crypto In One Minute” session shared via Ripple’s official channels, Alderoty noted that the SEC’s move signifies a broader realization that enforcement actions cannot be effectively pursued without clear regulatory frameworks for crypto in the U.S..

Market Dynamics Shift: Spot Demand Driving XRP Rally?

In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) has abandoned its appeal against Ripple in March 2025, marking a significant development in the ongoing saga.

In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) has abandoned its appeal against Ripple in March 2025, marking a significant development in the ongoing saga.

Speaking at a “Crypto In One Minute” session shared via Ripple’s official channels, Stuart Alderoty, Chief Legal Officer at Ripple, discussed how the SEC’s decision to drop the appeal reflects a broader need for clear regulatory frameworks in the crypto sphere.

Speaking at a “Crypto In One Minute” session shared via Ripple’s official channels, Stuart Alderoty, Chief Legal Officer at Ripple, discussed how the SEC’s decision to drop the appeal reflects a broader need for clear regulatory frameworks in the crypto sphere.

“They decided not to appeal the case, which is a tribute to the strength of the district court’s ruling,” said Alderoty.

“They decided not to appeal the case, which is a tribute to the strength of the district court’s ruling,” said Alderoty.

He added that the absence of established crypto laws in the U.S. has posed challenges for effective enforcement actions.

He added that the absence of established crypto laws in the U.S. has posed challenges for effective enforcement actions.

“We have no crypto futures laws in the U.S. We have no crypto lending laws. We have no stablecoin laws. We have no tokenized security laws. And we have no clear guidance on how to apply existing securities laws to crypto,” explained Alderoty.

This lack of legal clarity has made it difficult for the SEC to pursue such cases effectively, he said.

Moving Forward: A Collective Effort for Smart Crypto Regulation

Now, the focus will shift towards working closely with Congress to introduce smart crypto regulation that safeguards consumers, maintains market integrity, and encourages innovation.

Now, the focus will shift towards working closely with Congress to introduce smart crypto regulation that safeguards consumers, maintains market integrity, and encourages innovation.

“We’re looking forward to working closely with Congress to create legislation that provides certainty for the industry, protects consumers, maintains the integrity of our markets, and allows American technology to continue to lead the way in this rapidly developing sector,” said Alderoty.

As the crypto industry continues to evolve, the need for comprehensive and balanced regulation is paramount.

As the crypto industry continues to evolve, the need for comprehensive and balanced regulation is paramount.

With the SEC’s decision to drop its appeal and the collective effort to introduce smart crypto regulation, the stage is set for a new chapter in the cryptocurrency narrative in the U.S.

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Other articles published on May 04, 2025