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The SEC has dropped its appeal against Ripple and halted all crypto-related enforcement cases, signaling a major shift in regulatory strategy. Ripple’s Chief Legal Officer, Stuart Alderoty, highlights the implications in a new video, calling for clear crypto legislation. Meanwhile, XRP’s price shows modest gains amid declining trading volume.
- SEC drops all crypto enforcement cases, including its appeal against Ripple, marking a regulatory pivot.
- Ripple's Stuart Alderoty criticizes the SEC for lacking clear crypto rules, urging Congress to establish smart regulation.
- Leadership changes at the SEC under Trump, including new Chair Paul Atkins, signal a pro-crypto shift.
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Other Tags: Gary Gensler, Hester Peirce, Kamala Harris, Mark Uyeda, Stuart Alderoty, Gemini, Ripple Labs, Robinhood