🚨 Ripple vs. SEC: Signs of a Truce? CLO Praises SEC Chair Ahead of Key Deadline

🗓 With the August 15 status report deadline approaching, a surprising shift is catching the attention of the crypto and legal worlds alike.

🔹 Ripple’s Chief Legal Officer, Stuart Alderoty, has publicly praised SEC Chair Atkins for moving away from the aggressive enforcement tactics of the prior administration.

🔹 Alderoty applauds Atkins for recognizing that prior policies pushed crypto innovation offshore and for committing to clearer, more tailored regulations.

🔹 The SEC’s launch of “Project Crypto” is a major shift — aiming to modernize securities rules for on-chain finance, in collaboration with Commissioner Hester Peirce’s Crypto Task Force.

🔹 Chair Atkins has also stated that most crypto assets are not securities, directly challenging the blanket use of the Howey Test.

⚖️ This dramatic pivot has sparked speculation that the XRP lawsuit may soon end. Legal voices like Bill Morgan and Marc Fagel suggest both sides might drop their appeals altogether.

🔍 Could this be the beginning of regulatory clarity—and the end of a long legal saga?

📢 What would this mean for the future of U.S. crypto policy and innovation?

#XRP #Ripple #SEC #CryptoRegulation #Blockchain

https://coingape.com/ripple-clo-commends-sec-chief-ahead-of-august-15th-status-report-deadline-is-xrp-lawsuit-finally-ending/?utm_source=bnb&utm_medium=coingape