Endless Limbo: Ripple Warns Proposed Legislation Could Entrap XRP
Ripple’s Chief Legal Officer, Stuart Alderoty, has raised a red flag: the U.S. Senate’s proposed crypto framework—the Responsible Financial Innovation Act of 2025—risks keeping XRP (and similar assets) under perpetual regulatory scrutiny. He cautioned that the bill's vague terms like "ancillary asset" could let the SEC indefinitely control tokens once tied to investment contracts, regardless of their current usage or decentralization.
Unlike clean, well-defined regulation, Alderoty argues, this bill blurs boundaries—threatening to legislate confusion, not clarity—and could hinder innovation in the crypto space.