Washington has narrow windows to provide clear US crypto rules, Ripple’s Chief Legal Officer Stuart Aldeloty urges lawmakers to “finish their work with crypto clarity.”
Aldeoty said in OP-ED issued Monday on RealClearmarkets that the Securities and Exchange Commission was the first to state crypto clarity among its top priorities for the first time. He frames the issue as a mainstream rather than a niche, pointing to consumer recruitment and votes, and showing broad support for stronger guardrails.
Aldeloty claimed, citing several data points.
A National Cryptocurrency Association (NCA) survey with Harris Poll found that about one in five US adults own a crypto. Pew Research reported that the majority of Americans lacked confidence that current ways of investing, trading or using crypto are reliable and secure. And a YouGov poll showed that more Americans support stricter crypto regulations than loose rules.
He also said in 2024 Americans traded over $1 trillion in digital assets, spanning the use of payments to savings.
“There’s no clear and consistent rules, so the code won’t go away,” writes Alderoti, warning that it will push activities to jurisdictions that move faster. He argued that clarity protects consumers and gives responsible businesses certainty to build in the US.
Aldeloty is also chairman of the National Crypto Education’s nonprofit National Crypto Currency Association on March 5th, and won a $50 million grant from Ripple. The NCA says it aims to promote literacy and safe adoption through its explainer and user stories, and its polls suggest that most current users want to learn more about the technology.
Congress has cast the fall session as a pivotal moment as it weighs market structure laws following the stubcoin Act this summer. “The opportunity is right in front of us, the mission is already there,” he wrote, adding that the lawmaker “can prove to Americans that Washington can actually be made clear where it is most needed.”
He concluded that once the rules are completed, they will maintain innovation on land and ensure that the United States will lead the formation of future financial infrastructure.
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