Ripple CLO Stuart Alderoty argues that voting against the CLARITY Act would perpetuate the current unregulated crypto environment, making it easier for bad actors to exploit gaps in oversight. The CLARITY Act is a US bill designed to clarify regulatory jurisdiction over digital assets between the SEC and CFTC, aiming to reduce enforcement uncertainty for the industry. Alderoty’s comments come as the bipartisan legislation faces tight Senate timelines, with supporters viewing it as essential protection for 67 million American crypto holders rather than just industry interests.
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