Ripple's Chief Legal Officer, Stuart Alderoty, has called on U.S. Congress to establish clear regulations for the cryptocurrency industry. Alderoty emphasized the importance of predictable oversight to accommodate the growing consumer adoption of digital assets. He warned that the absence of clear rules could drive crypto activities to jurisdictions with more favorable regulations. Citing data, Alderoty noted that one in five U.S. adults owns cryptocurrency, with Americans transacting over $1 trillion in digital assets in 2024. He also highlighted that most Americans support tighter regulation, which would protect consumers and foster responsible innovation.
Ripple's Legal Chief Calls for U.S. Crypto Regulation Clarity
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