Ripple Chief Legal Officer: Expected new government to withdraw digital asset cases, hoping to see more rational regulatory approaches

Odaily Planet Daily News: With Trump elected and the Republican Party holding a majority in the Senate, cryptocurrency companies are ready to advocate for a "new perspective" on federal agencies. Ripple is one of the cryptocurrency companies engaged in a court battle with US regulatory agencies, and the company expects the new White House administration to withdraw digital asset cases from the court, hoping for changes within government agencies. Stuart Alderoty, Chief Legal Officer of Ripple, said in an interview, "The SEC is a bureaucratic institution, but policy is people, and people are policy. Therefore, if the government changes some of the leadership of the SEC, we hope to start seeing the more rational approaches they are pursuing Paul Grewal, Chief Legal Officer of Coinbase, recently issued a similar call after Trump's victory: "Please stop suing cryptocurrency companies." Coinbase and Ripple are among the largest donors supporting cryptocurrency candidates in this election. （Cointelegraph）