Ripple Responds to Crypto Market Structure Bill in the US Senate — What Did It Say?

Jakarta, Pintu News – Crypto company Ripple recently provided their response to the Request for Information (RFI) from the US Senate Banking Committee.

Stuart Alderoty, Ripple’s Chief Legal Officer (CLO), stated that their company is in a strong position to contribute to the discussion of the bill, thanks to their long experience interacting with regulators, including the SEC.

Check out the full information in this article!

Ripple’s Response to Senate Information Request

In a post on X, Alderoty shared Ripple’s response to the RFI from the Senate Banking Committee. He also thanked them for the opportunity to respond.

Alderoty emphasized that Ripple greatly appreciates the opportunity to provide their unique perspective, which is based on over ten years of experience working closely with regulators around the world and the lessons that have been learned from their lawsuits with the SEC.

Read also: New Era of Crypto in Japan? Osaka Exchange to Launch Digital Derivative Products

Ripple’s Approach to the Crypto Market Structure Bill

Ripple’s response was primarily aimed at questions relating to regulatory clarity. One of the key questions is whether the bill has struck the right balance in allocating jurisdiction over digital assets between the SEC and CFTC.

Ripple is of the opinion that the Crypto Market Structure Bill should not rely on the concept of ancillary assets, as this could lead to regulatory overreach in some situations. The company emphasizes that there is no guarantee that different SEC leadership will apply this concept in a consistent and principled manner.

Read also: ‘Shib State’: Shiba Inu Announces Election Plan to Organize New Governance

Ripple’s Concerns Over Regulation Through Enforcement

Ripple, which has had a lawsuit with the SEC over Ripple (XRP), is particularly concerned that the bill could create open-ended provisions and allow the Commission to manipulate the rules in their favor.

For example, regarding the application of the Howey Test to digital assets, Ripple urges that Congress codify it, if it so intends, in a way that prevents abuse or manipulation by the SEC. Alderoty and his company may be skeptical of future administrations, not just the current one.

Conclusion

Ripple hopes that the proposed legislation will take into account the decentralized nature of mature networks, which are not controlled by a single person or group of people. They also suggest that tokens that have existed for five years or more on open, unlicensed networks should be assumed to be exempt from securities regulation. This approach is expected to avoid regulatory fragmentation and market uncertainty.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Ripple Responds to U.S. Senate RFI on Crypto Market Structure Bill. Accessed on August 7, 2025
• Featured Image: U Today