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Sujit Kumar
Feb 6, 2025
by Sujit Kumar

Ripple’s CLO Stuart Alderoty Applauds U.S. Crypto Policy Shift

Stuart Alderoty

Table of contents

  1. Ripple’s U.S. Hiring Surge Despite SEC Battle
  2. U.S. Crypto Reform: Key Developments
Ripple’s Chief Legal Officer, Stuart Alderoty, has expressed optimism about the U.S. government’s evolving stance on cryptocurrency. In an interview with CNBC, Alderoty highlighted how the previous administration had stifled crypto growth through restrictive policies, forcing innovation offshore. However, he praised the new administration for reversing these trends, fostering a more crypto-friendly environment.

Ripple’s U.S. Hiring Surge Despite SEC Battle

Alderoty revealed that Ripple, which has operated in the U.S. for over 12 years, is now shifting 75% of its hiring efforts back onshore. This marks a significant change from previous years when regulatory uncertainty pushed companies to expand internationally. Despite the ongoing SEC lawsuit, Ripple remains committed to growing its presence in the United States.

U.S. Crypto Reform: Key Developments

Alderoty outlined three major forces shaping U.S. crypto policy:

1️⃣ President Trump’s executive order, reinforcing the U.S. goal of becoming a global crypto hub.

2️⃣ Regulatory shifts, including the appointment of David Sachs as the “crypto czar”, tasked with modernizing crypto regulations.

3️⃣ Legislative support from Congress, aimed at providing clarity for banks and businesses engaging with digital assets.

With SEC’s acting chair Mark Uyeda acknowledging past regulatory confusion, Alderoty remains optimistic about the future of crypto in the U.S.. He believes these efforts will boost innovation and establish the country as a leader in blockchain technology.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
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Stuart Alderoty
Ripple’s CLO Stuart Alderoty Applauds U.S. Crypto Policy Shift
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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