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Ripple(XRP) Executive "Friendly Assets SEC's 3rd Party Plan, Will Contribute to Investor Protection"

Source
JH Kim

Summary

  • Stuart Alderoty, CLO of Ripple (XRP), stated that the SEC's friendly asset stance will contribute to investor protection.
  • There is speculation that changes in asset regulations may occur as Paul S. Atkins is appointed as the next SEC commissioner.
  • The SEC policies following Atkins' appointment are expected to have a significant impact on investors.

Stuart Alderoty, Ripple (XRP) Chief Legal Officer (CLO), stated on the 4th (local time) via X (formerly Twitter) that "the appointment of Paul S. Atkins, known for his friendly asset (deregulation) stance, as the next U.S. Securities and Exchange Commission (SEC) commissioner, will contribute to investor protection while simultaneously challenging the SEC's established norms with the triple politics of Hester Peirce, an SEC commissioner known for her dissenting views."

Previously, after Trump nominated Paul S. Atkins as the next SEC commissioner, Atkins was appointed by the main committee of the presidential transition team.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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