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Ripple CLO Stuart Alderoty Outlines These 6 Guidelines For US SEC
Ripple’s Chief Legal Officer, Stuart Alderoty, outlined six key principles on New Year’s Eve, urging the US SEC to adopt a measured approach to crypto regulation. According to Alderoty, the SEC should only regulate securities transactions rather than expand its authority over asset sales without contractual rights or obligations.
Ripple CLO Shares 6 Guidelines for SEC Crypto Regulation in 2025
In a statement shared on social media, Ripple CLO Stuart Alderoty emphasized the limited jurisdiction of the US SEC. He stated that the regulatory body should only oversee security transactions. Simple asset sales, such as selling a gold bar without associated rights or obligations, fall outside the Securities and Exchange Commission purview.
Alderoty illustrated his point by contrasting two scenarios: selling a gold bar with contractual rights to a gold mine, which constitutes a security transaction, versus selling a gold bar without such conditions, which does not. This clarification asserts that the US Securities and Exchange Commission cannot regulate transactions that lack post-sale obligations.
Moreover, Alderoty rejected the idea that a cryptocurrency token can change its classification from a security to a non-security. He labeled this concept a theory without legal support. This notion, he argued, serves only to complicate cryptocurrency regulations.
Alderoty insisted,
“Let’s hope these principles won’t need repeating in 2025 and beyond.”
The Ripple CLO also reiterated that while cryptocurrency tokens may be used in security transactions, they are not inherently securities. This distinction is crucial for the industry, as it challenges the SEC’s broader interpretation of its authority over digital assets.
Call for Collaboration Between US SEC and Congress
Alderoty urged the next SEC chair to adopt a collaborative approach with Congress. He recommended focusing on clear and transparent rules for the cryptocurrency industry. This call for cooperation aligns with Ripple’s position against the SEC’s enforcement actions.
In his statement, Alderoty also emphasized the need for the US Securities and Exchange Commission to address only fraud-related cases involving crypto. He criticized the regulator for expanding its jurisdiction based on subjective criteria, which he described as self-serving.
Moreso, recently, Ripple CLO Stuart Alderoty emphasized the urgency of ending the Ripple vs SEC lawsuit, labeling it a “lawless lawsuit”. Alderoty reiterated his call for the incoming Trump administration to address the controversies surrounding former SEC official William Hinman’s statements. The Ripple CLO claims that his statements caused regulatory confusion and undermined trust in the agency.
The six principles outlined by Alderoty reflect Ripple’s stance on fostering fair regulatory practices. With the incoming Donald Trump administration, the cryptocurrency industry anticipates a shift toward more cooperative regulatory practices.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Ripple CEO Brad Garlinghouse has highlighted the positive impact that Donald Trump’s victory has had on Ripple’s business. Garlinghouse also referenced the “Trump bull market,” which undoubtedly provides a bullish outlook for coins like XRP.
Brad Garlinghouse Highlights Trump’s Impact On Ripple
In an X post, Brad Garlinghouse discussed the impact of Donald Trump’s election victory on Ripple’s operations. He revealed that 75% of the company’s open roles are now US-based.
This represents a change, as Garlinghouse noted that over the last four years, most of the company’s hires were outside the US. Furthermore, the Ripple CEO revealed they had signed more US deals in the last six weeks of 2024 (since Trump’s victory) than in the previous six months.
Trump’s victory has undoubtedly provided a bullish outlook for the crypto industry because of his pro-crypto stance. Brad Garlinghouse remarked that Team Trump is already jumpstarting innovation and job growth in the US with Scott Bessent, David Sacks, Paul Atkins, and others at the helm.
He added that the “Trump effect” is already making crypto great again through his campaign and in the Administration’s day 1 priority. Ripple looks to have really benefitted greatly from this Trump effect.
The crypto firm finally launched its RLUSD stablecoin after the US president-elect defeated Kamala Harris in November last year. The RLUSD stablecoin has already enjoyed significant success, as it recently flipped PYUSD and EURC in 24-hour trading volume.
The “Trump Bull Market” Is Real
In his X post, Brad Garlinghouse also stated that the “Trump bull market” is real. He remarked that for Ripple, this bull market is even more personal after Gary Gensler’s SEC effectively froze their business opportunities in the US for years.
He added that optimism about the bull market is obvious and very deserved. This Trump bull market undoubtedly provides a bullish outlook for the XRP price especially.
With pro-crypto Paul Atkins set to lead the US Securities and Exchange Commission (SEC) under Trump’s Administration, the Commission could drop its long-running lawsuit against Ripple and Brad Garlinghouse.
This is bullish for XRP because of the crypto’s ties with Ripple. The coin is believed to have remained stagnant in the 2021 bull run because of the lawsuit.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Bitcoin miner MARA has lent 7,377 Bitcoin (BTC) to third parties, constituting 16% of its total reserves of 44,893 BTC. The company has confirmed the arrangement in its latest production update describing the loans as part of a strategy to generate yield and manage operating expenses.
Why Is Bitcoin Miner MARA Lending 17,377 Bitcoin
Bitcoin miner MARA has stated that the 7,377 BTC loans are indeed short-term in nature and the company has entered into these arrangements with “credible counterparties only.” Robert Samuels the Company’s Director of Investor Relations said that the lending programme is to achieve ‘modest single-digit yield’ to enhance the operational sustainability.
”The long-term goal is to achieve a level of return on investment adequate to cover operating costs,” Samuels noted. This is in line with the MARA’s continuous involvement in Bitcoin lending in the whole of 2024 where it earned $3.9m in interest income in Q3 and $4.8m in the first half of the year.
Concurrent with the announcement, Bitcoin price trend had turned positive after reclaiming the $98k resistance and trading at $98,194.
As for the third-party borrowers, the MARA did not reveal their identities, but the firm said that the demand for its lending program is still strong in light of increased market risk aversion. The recent failures of BlockFi and Genesis in 2022 have only raised questions about counterparty risks in the crypto lending market.
MARA’s Expanding Bitcoin Reserves
Bitcoin miner MARA closed the year with a total of 44,893 BTC in its reserve which was a 192.5% growth from the initial 15,174 BTC in the year. The company achieved this growth through two main avenues: mining and acquisitions.
Throughout 2024, MARA mined 9,457 BTC and bought 22,065 BTC at an average rate of $87,205. As of now, total reserves are estimated at about $4.4 billion at the current market price. The firm’s approach to acquisition is consistent with its treasury policy of holding all mined bitcoins and increasing reserves through the capital markets.
Fred Thiel, CEO of MARA, confirmed that the company remains steadfast in its decision of holding Bitcoin in the long-term as a part of the company’s strategic asset.
Boost in Mining Performance
MARA reported an energized hashrate of 53 exahashes per second (EH/s) as of December 31, exceeding its year-end goal. However, its realized hashrate—the effective mining power used for production—stood at 47 EH/s, consistent with November figures.
The company’s year-end hashrate performance represented a 15% increase compared to earlier in the year. Mining operations remain central to MARA’s growth, as the firm continues to scale its infrastructure to keep pace with the competitive and energy-intensive Bitcoin mining industry.
Bitcoin miner MARA’s CEO Fred Thiel concurrently shared his optimism about Bitcoin’s future, predicting that the cryptocurrency could reach $200,000 by the end of 2025. Speaking to FOX Business, Thiel emphasized the role of institutional adoption and regulatory changes as key drivers for this anticipated growth.
Thiel encouraged retail investors to consider Bitcoin as a long-term asset, advocating for consistent, small-scale investments.
“My recommendation is to put just a little away every month in Bitcoin and forget about it,” he said.
Kelvin Munene Murithi
Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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The dynamic realm of crypto has closed another week, primarily with remarkable developments unfolding across the broader sector. While Shiba Inu (SHIB) saw remarkable community advancements, Binance unveiled a stockpile of token listings, sparking market discussions. Simultaneously, with the broader market showcasing signs of recovery as 2025 commences, this week proved to be buzzworthy.
So, let’s delve deeper into some of the top crypto market updates reported by CoinGape over the past week.
Shiba Inu (SHIB) Sees Notable Advancements
The renowned dog-themed meme coin Shiba Inu has emerged as the talk of the crypto market this week, witnessing a landmark development followed by constant token burns and a price upswing. The token’s lead developer, Shytoshi Kusama, confirmed that the TREAT token launch lies shortly ahead, sparking considerable optimism across the SHIB ecosystem.
Intriguingly, the launch remains much awaited by community participants, much touted to be a revolutionary endeavor. Simultaneously, the continuous SHIB burn has added to investor enthusiasm surrounding the digital asset. CoinGape spotlighted that the meme coin even eyes 45% gains ahead, primarily against the backdrop of Shiba Inu burn rate surge and strong market trends. Overall, market watchers optimistically eye the token, expecting imminent future gains.
Binance’s Crypto Listings Echo Buzz
On the other hand, crypto exchange giant Binance’s listing chronicles have garnered substantial attention this week. Notably, the leading crypto exchange expanded support for a stockpile of tokens.
CoinGape reported that Binance expanded trade offerings for DOGE, SHIB, and PEPE this week, sparking optimism over the coins’ future prices. Particularly, the platform’s P2P division expanded support for new trading pairs for the mentioned tokens in selected fiat zones across Africa.
Simultaneously, the exchange also unveiled major support for PHA and DF coins this week. Notably, Binance announced new perpetual contracts for Phala Network (PHA) and dForce (DF) tokens with up to 75x leverage, adding to its market chronicles.
Meanwhile, it’s also noteworthy that the exchange secured a major regulatory approval in Brazil this week. Binance has bagged regulatory approval from the Central Bank of Brazil, allowing it to acquire a licensed broker-dealer in the region. Overall, these chronicles have gained significant traction amid the exchange’s rising success, with investors optimistic about the future prices of the mentioned tokens amid enhanced offerings.
Crypto Market Recovery Sparks Hope
Simultaneously, Bitcoin and top cryptocurrency prices have shown signs of recovery as 2025 kicked off, sparking market discussions globally. BTC price witnessed gains worth 3% over the past seven days and closed the week at the $98K level. ETH price witnessed gains worth 8% over the past seven days to close the week at $3,647. Simultaneously, XRP’s price was noted to be up 10% weekly, closing at $2.402. As a response, market sentiments in Q1 2025 remain highly bullish.
Notably, the top cryptos enjoy renewed market interest, as also indicated by recent events. Microstrategy again announced plans to raise up to $2 billion in an effort to purchase more BTC.
Simultaneously, Ethereum whale accumulation amid the recent market dip saw a substantial rise. This saga has added another bullish tint to top crypto prices amid a broader market recovery.
In addition, the Ripple community saw notable developments, with bets of an XRP ETF soaring. CoinGape reported that Polymarket data flagged a 70% probability of a potential Ripple ETF approval in the U.S. This saga has garnered significant optimism toward the leading crypto.
Also, Ripple’s RLUSD stablecoin was recorded flipping its core rivals in 24-hour trading volume this week. Overall, the abovementioned news emerged as some of the most buzzworthy crypto market updates over the past week.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Bitcoin3 months agoSEC filing underway, Bitcoin rewards app Fold adopts FLD ticker
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