The decision of the US stock exchange supervision SEC, to withdraw its application for an appeal against the Ripple judgment of 2023, marks a caesurger in the legal stalemate between the regulatory authority and the crypto industry. The Chief Legal Officer by Ripple, Stuart Alderoty, addressed the topic in the recent sequence of the “Crypto in One Minute” series of the company. He emphasized that this decision is a sign of the need for regulatory clarity and not for further legal disputes. Since the debates about the classification of digital assets are becoming increasingly intensive, the focus is now shifted to legislative solutions in Washington.
Die SEC filed a lawsuit against Ripple for the first time in December 2020 and claimed that his XRP token was sold as a non-registered security. The case became a yardstick for how cryptocurrencies could be regulated under the existing securities laws.
In March 2025, the SEC officially withdrew its application for appeal and thus de facto ended the protracted legal dispute. Alderoty interpreted it as a sign that the authority re -evaluated the legal basis of its coercive measures.
In the video declaration stood Alderoty The reasons for the original case of the Sec in question. He pointed out that the authority has recently had complaints against other crypto companies in the sand, which for him shows the knowledge of the authority that compulsory measures do not apply without a clear legal basis.
He emphasized that there are still no defined legal rules in the crypto industry, which has hindered a fair enforcement of the regulations and provided uncertainty on the entire market. According to Alderoty, the lack of clear legal standards has made it difficult to actively act in a trusting actors, and make it difficult for the regulatory authorities to act effectively.
Alderoty expressed the desire to go beyond legal disputes and to shift the conversation to a constructive political design. He explained that Ripple undertook to work with the legislators in order to create a comprehensive legal framework for digital assets.
According to him, such legislation must protect consumers who maintain market integrity, switch off bad actors and promote innovations. He added that only the congress has the authority to create a uniform legal environment that creates clarity and consistency for both the regulatory authorities as well as for the industry.
Ripple’s legal victory could have an impact on how other companies with digital assets contest or react to enforce the SEC. Alderoty’s statements indicate a general change in the sound of the federal supervisory authorities, which may now rethink their aggressive legal approach from the past. He emphasized that regulation is necessary, but must be based on clear laws and not on retroactive interpretations.
After the SEC has resigned from its appointment, the focus is now on the Capitol Hill. Industry leaders, including Ripple, call on legislators to create the urgently needed legal certainty. While the discussions about crypto legislation continue, the Ripple case could become a reference point for the design of the future regulation of digital assets in the United States.
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