Today January 28, 2025, at 2:30 p.m. ET, Ripple’s Chief Legal Officer (CLO) Stuart Alderoty will join the XRP Community Day discussion on X Spaces, organized by RippleX. This event aims to shed light on Ripple’s strategies for the year ahead.
Ripple remains at the forefront of the crypto industry’s regulatory landscape. Alderoty will offer crucial insights into the company’s ongoing legal challenges and the future of cryptocurrency regulation in the U.S.
Ripple’s legal troubles in the U.S. began in 2020 when the U.S. Securities and Exchange Commission (SEC) filed a lawsuit accusing the company and its executives of offering unregistered securities through its XRP sales.
After years of legal turmoil and XRP price suppression, the court ruled in July 2023 that XRP is not a security and non-institutional XRP sales don’t count as securities offerings. The community celebrated the anniversary of this pivotal ruling in 2024, and will very likely continue this tradition as this ruling cemented XRP’s regulatory clarity, and began a stream of victories for Ripple over the SEC.
Despite numerous losses, former SEC Chair Gary Gensler refused to back down in his war on crypto, appealing the ruling after the judge handed down a final decision in August.
The SEC filed its opening brief on January 15, 2025, and Ripple has committed to filing its cross-appeal brief by April 16. While this procedural move by Ripple aligns with legal norms, the appeal’s outcome remains uncertain.
Observers closely watch the agency’s actions, especially as Donald Trump is president and a pro-crypto chair now leads the SEC. Jeremy Hogan, a well-respected attorney, recently speculated on a potential timeline for the new administration to dismiss the lawsuit because of its pro-crypto stance.
The upcoming XRP Community Day will also focus on regulatory expectations for 2025, with Alderoty and Vet (@Vet_X0), an XRPL dUNL validator and Xrpcafe co-founder, leading the discussion. A key part of the discussion will be the growing role of tokenization in the cryptocurrency ecosystem.
Tokenization, which converts real-world assets into digital tokens, is gaining traction. Ripple has contributed $5 million to a tokenized money market fund launched on the XRPL in November 2024.
This fund is managed by abrdn, a U.K.-based company, and is part of the $3.8 billion U.S. Dollar Liquidity Fund (Lux). Ripple’s partnership with Archax aims to attract significant real-world asset investments to XRPL, positioning it as a hub for institutional financial instruments and future growth.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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