Key Takeaways:
- Ripple Chief Legal Officer Stuart Alderoty expressed his own public endorsement of the CLARITY Act as a consumer protection measure instead of a giveaway to the industry.
- Supporters say the bill would give certainty to the 67 million Americans that already possess digital assets.
- The debate sheds light on the emerging tension between advocates of clear crypto regulations and those who feel the industry shouldn’t be heavily regulated by the government.
The crypto-regulation in Washington is now at a critical stage and Ripple is taking a stance. Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple, has taken a stand in the debate surrounding the CLARITY Act, claiming that the millions of Americans using Bitcoin, Ethereum, and other digital asset marketplaces deserve clarity.
Read More: Coinbase CEO Says CLARITY Bill Nears Breakthrough
English (US)