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Regulation

Ripple Backs SEC Crypto Regulation Proposal

Ripple has expressed support for the Securities and Exchange Commission's latest crypto regulation proposal, according to Cryptonews.

Ripple Backs SEC Crypto Regulation Proposal
Image: BullishMarketCap

Blockchain company Ripple has voiced support for a crypto regulation proposal put forward by the United States Securities and Exchange Commission, according to a report by Cryptonews. The stance places the firm in alignment with specific regulatory developments within the domestic jurisdiction.

Regulatory Stance

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The backing from Ripple comes as various industry participants engage with the commission regarding regulatory frameworks for digital assets. Additional details concerning the specific provisions of the proposal supported by Ripple were not disclosed in the initial report.

Key facts

  • Ripple backed an SEC crypto regulation proposal, according to Cryptonews
  • The announcement was reported with no further operational details provided
$XRPSEC#Ripple#SEC#Regulation

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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