| Mobile Web

Search results for Stuart Alderoty

Crypto

Ripple CLO rebuts WSJ editorial calling crypto backers \'Crypto Bros\'

Ripple Chief Legal Officer Stuart Alderoty pushed back against a Wall Street Journal editorial that described cryptocurrency supporters as “Crypto Bros,” arguing U.S. crypto ownership is not confined to a young male group. He said about 67 million Americans hold crypto, about one third of them women, and that holders aged 55 and older outnumber those under 25. The dispute stems from a WSJ opinion piece on the Clarity market-structure bill and has broadened into a debate over public perceptions of the industry.

Crypto

White House says ethics provisions are sufficient, Democrats say still not enough as CLARITY Act dispute continues

The U.S. Senate\'s CLARITY crypto market-structure bill has hit renewed hurdles as Republicans and Democrats remain divided over ethics provisions. Republicans unveiled revisions barring senior officials from issuing or sponsoring digital assets and requiring disclosures for sales above $1,000. Democrats said safeguards on ethics, illicit finance and conflicts of interest remain insufficient. The White House said differences have narrowed, but votes remain uncertain ahead of the August recess.

Crypto

Ripple CEO says perfection must not block progress, urges U.S. Congress to pass Clarity Act

Ripple CEO Brad Garlinghouse urged the U.S. Congress to pass the digital asset market Clarity Act, saying lawmakers should not delay action even with political differences. He backed Ripple CLO Stuart Alderoty’s view that the bill is a consumer protection measure with anti-money laundering and customer identification provisions and tools for law enforcement. Some Democratic senators oppose the latest draft, reducing prospects for passage this year. Coinbase also urged a Senate vote.