🚨 Ripple Responds to U.S. Senate RFI on Crypto Market Structure Bill

📜 In a significant move for the crypto industry, Ripple has officially submitted its response to the U.S. Senate Banking Committee’s Request for Information (RFI) on the draft Crypto Market Structure Bill.

⚖️ Chief Legal Officer Stuart Alderoty highlighted Ripple’s decade of global regulatory experience and their hard-earned insights from the SEC lawsuit as key to shaping thoughtful input.

🔑 Key Points from Ripple’s Response:

▫️ The current draft creates more ambiguity than clarity in SEC vs. CFTC jurisdiction.

▫️ Ripple is urging further revisions to clearly define regulatory boundaries.

▫️ The focus: Balanced, clear, and innovation-friendly oversight for the digital asset space.

🇺🇸 This marks another important step in crypto’s evolving relationship with U.S. regulators — and a clear sign that industry leaders are engaging proactively in the policymaking process.

#Ripple #XRP #CryptoRegulation #CFTC #SEC

https://coingape.com/ripple-responds-to-u-s-senate-rfi-on-crypto-market-structure-bill/?utm_source=bnb&utm_medium=coingape