<ul><li>Ripple CLO, Stuart Alderoty, has requested clarity from the SEC on the classification of crypto assets, arguing that most fungible tokens do not meet the definition of securities under current U.S. law.</li><li>Alderoty emphasized that not all digital tokens should be subject to securities regulations, especially in secondary market transactions, as part of Ripple's push for regulatory clarity amidst its legal battle with the SEC.</li><li>He raised concerns about the SEC's approach to regulating digital assets and cited legal research to support the need for a buyer-seller relationship in investment contracts.</li><li>Alderoty proposed a framework to determine when a token is independent of its initial sale agreement, promoting fairness and legal precision without hindering innovation in crypto markets.</li></ul>

Ripple CLO Sparks Tension: Is SEC Overstepping on Crypto Rules?

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