“Ripple’s Chief Legal Officer Says Americans Want Clear Crypto Rules and Urges Congress to Act, Warning US LEADERSHIP IS AT RISK WITHOUT CLARITY.”, – WRITE: www.coindesk.com
In an Op-Ed Published Monday on RealClearMarkets, ALDEROTY SAID The Securities and Exchange Commission Has for the FIRST TIME LISTED CRYPTO CRYPTO CARITIIC Oversight. He Framed The Issue As Mainstream, Not Niche, Pointing to Consumer Adoption and Polling that Shows Broad Support for Stronger Guardrails.
ALDEROTY CITED SEVERAL DATA Points to Make the Case.
A National Cryptocurrency Association (NCA) Survey with Harris Poll Found Roughly One in Five US Adults Owns Crypto. Pew research reported that a majority of Americans Lack Confidentnce that Current Ways to Invest, Trade or Use Crypto Are Relable and Safe. And a youugov poll showed more Americans Favor Tighter Crypto Regulation Than Looser Rules.
He Also Referencyd Chainalysis Estimates that Americans Transacted More Than $ 1 Trillion in Digital Assets in 2024, Spanning Uses from Payments to Savings.
“The Absense of Clear, Consistent Rules Doesn’t Make Crypto Go Away,“ ALDEROTY WROTE, WARNING IT PUSHES ACTIVITY TO JURISDICATIONS MOVING FASTER. HE ARGUED THAT CLARITY Wuld Both Protect Consumers and Give Responsible Firms Certainty to Build in The Us
ALDEROTY IS ALSO President of the National Cryptocurrency Association, A Crypto Education Nonprofit Launchen on March 5 with A $ 50 Million Grant from Ripple. The NCA Says It Aims to Boost Literacy and Safe Adoption Through Explainers and User Stories, and Its Polling Finds MOST CURRENT USERS WANT TO LEARN MORE About the Technology.
With Congress Weigting Market-Structure After This Summer’s Stablecoin Law, Aldroty Cast The Fall Session As A Pivotal Moment. “The Opportunity is in Front of Us. The Mandate Is Already there,” He Wrote, Adding that Lawmakers Can “Prove to Americans that Washington Can, In Fact, Deliver Clarity Whent.
He Concluded that Finishing the Rules would keep innovation onshore and enSURE the US Leads in Shaping Future Financial Infrastructure.
Adrienne Harris, Who Took Office in 2021, Will Leave the New York Department of Financial Services on Oct. 17.
- Adrienne Harris, Superintendent of the New York Department of Financial Services, Will Step Down on October 17, 2025.
- Kaitlin asrov Will Serve as The Acting Head of Nydfs Following Harris’s Departure.
Lire l’sticle complet