Ripple supports the SEC's latest crypto ruling. Here's why.

What happened: Ripple submitted a 20 page letter supporting adoption of the SEC's Reg crypto proposal while requesting small changes, as the comment period ends. Why it matters: The speaker says the SEC and CFTC are moving forward without the Clarity Act, and that real input from affected crypto companies is a notable shift from the previous administration. Ripple seeks clearer treatment of form TR filings and protections for exchanges and brokers relying on them.

Ripple submitted a 20 page letter supporting adoption of the SEC's Reg crypto proposal while requesting small changes, as the comment period ends.

The speaker says the SEC and CFTC are moving forward without the Clarity Act, and that real input from affected crypto companies is a notable shift from the previous administration. Ripple seeks clearer treatment of form TR filings and protections for exchanges and brokers relying on them.