In the latest episode of “Crypto in Oneing,” Ripple’s Chief Legal Officer Stuart Aldeloty (XRP) discussed why the Securities and Exchange Commission (SEC) withdrew its lawsuit against Ripple in March 2025, debating why the US is working on Crypto regulations.
Aldeloty summed the process in a 60-second statement after six years of legal battle. He said the SEC has withdrawn the lawsuit not only against Ripple, but against all cryptocurrency companies in the country, and said the main reason behind the decision was that criminal cases, which were made without explicit and explicit legal regulations, became unsustainable.
“They finally accepted what we’ve been saying from the beginning. They can’t say they violated the law without explaining what the law is saying,” Alderory said, adding that no clear regulation of US cryptocurrencies has been in place for a long time.
Ripple’s executive said the lawsuit behind us should now focus on business and innovation. Aldeoty said Congress should work with the government to implement “smart crypto regulations” that protect consumers, ensure market integrity, eliminate bad actors and pave the way for innovation.
*This is not investment advice.
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