key takeaways
- Ripple emphasized the need for clear judicial boundaries in crypto regulation
- The company advocates excluding well -viewed tokens like Eth, SOL, and XRP from the peritual SEC oversight and calls for the objective legislative criteria.
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Ripple has warned that the draft law on the crypto market structure couple makes unmarried secres unwanted for entrance entrance and digital asset industry unwanted.
Thank you to @Bankinggop For information for the opportunity to respond to your request. The experience of working with regulators around the world with experiences of more than a decade-and welcomes the hard-e-randed lesson channel from our first Fight-Ripl which presents our unique perspective as a congregation …
– Stuart Eldroti (@S_alderoty) August 5, 2025
In a letter of August 5 to Tim Scott, Stuart Eldroti Arthritis, Chief Officer of the Senate Banning Committee, Reple’s Chief Officer, said that the bill failed to provide clarity, promises, it promises, 8 jurisdiction, token classification, and Treatment of different assets such as XRP.
Aldrotti wrote, “The current definition of ‘auxiliary asset’ risks to the important regulator overache as it effectively suppresses that any token once offered the token by the ‘promoter’, which is done by the ‘promoter’ under the safe jurisdiction – the jurisdiction – the jurisdiction.”
The company argued that the well -better tokens working on open networks, including Eth, SOL, and XRP, should not face the evergreen SEC oversight when current transactions do not reflect the characteristics of securities.
Ripple called the regulators, not regulators, to establish objective criteria to implement the Hovy Test for digital assets. The company warned against coding Hovi “
The response also recommended that the tokens should be “currently experts” with securities to trade independently for five or more years on the network, and advocated for federal February. Some state laws for nationwide sensory regulator consent.
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