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Ripple CLO Talks Congress Insights on SEC and XRP

  • Ripple's Chief Legal Officer, Stuart Alderoty, responds to Professor Lee Reiners' testimony before Congress on the SEC and XRP case.
  • Reiners highlights the regulatory gap in the crypto spot market and calls for Congress to take action to address it.
  • Reiners criticizes the idea of using decentralization as a determining factor for securities classification in the crypto industry.
  • The impact of changing SEC leadership on crypto regulation is discussed, with uncertainties remaining for XRP's future.

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