#SECCryptoRoundtable Stewart Alderofti, the legal director of Ripple, confirmed the company's commitment to regulatory clarity, following its victory with the U.S. Securities and Exchange Commission.
✅ The U.S. Securities and Exchange Commission withdraws the appeal - the agency drops its case against Ripple after withdrawing lawsuits against Coinbase and Kraken.
✅ Ripple responds - challenges the distorted interpretation of the Howey test issued by the U.S. Securities and Exchange Commission, urging for clear and fair rules.
✅ What's next? - Ripple is still evaluating its legal strategy while leading efforts to establish supportive regulatory frameworks for cryptocurrencies.
