The post Ripple’s Chief Legal Officer Urges Caution in Crypto Regulation: Six Key Principles for SEC Oversight appeared on BitcoinEthereumNews.com.

On January 1st, Ripple’s Chief Legal Officer, Stuart Alderoty, articulated six fundamental principles concerning U.S. crypto regulation, emphasizing the need for the SEC to adopt a cautious stance. He asserted that the SEC retains jurisdiction solely over transactions involving securities. For instance, the sale of a gold bar with associated contractual rights may qualify as a securities transaction, while a straightforward sale without ongoing obligations falls outside regulatory bounds. Alderoty argued that the regulatory view of the SEC should not be driven by subjective opinions on disclosure requirements. He further clarified that while tokens can be involved in securities transactions, they do not inherently constitute securities. The suggestion that tokens may transform from securities into non-securities is deemed a baseless assertion without any legal warrant. Source: https://en.coinotag.com/breakingnews/ripples-chief-legal-officer-urges-caution-in-crypto-regulation-six-key-principles-for-sec-oversight/

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Filed under: News - @ January 1, 2025 7:16 am