Ripple’s Chief Legal Officer, Stuart Alderoty, congratulated Donald Trump on winning the 2024 presidential elections and urged him to remove and put an end to the “regulation-by-enforcement” policy practiced by the SEC. This policy has created uncertainty and hindered innovation in the crypto industry.
Trump’s crypto-friendly policies include establishing a crypto advisory council, which could lead to clearer regulatory guidelines and supportive frameworks for the industry in the United States.