Ripple’s Chief Legal Officer Supports New Bill to Regulate US Cryptocurrency

Stuart Alderoty, Ripple’s Chief Legal Officer, has voiced support for the Digital Asset Market Clarity Act, a bipartisan bill aimed at establishing clear regulations for the US cryptocurrency industry. Alderoty commended the initiative in a recent post on X, calling it a crucial step toward developing a legal framework that fosters innovation while ensuring responsible digital asset use. He specifically lauded Representatives French Hill, GT, Angie Craig, Dusty Johnson, Don Davis, Bryan Steil, and Ritchie Torres for their efforts in advancing the bill.