After securing a Republican Senate and a pro-crypto White House, crypto firms are now pushing for reforms at the SEC.
With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies.
Ripple, one of the crypto companies engaged in battle courts with United States regulators, expects the new White House administration to remove digital assets’ policy from the courts, hoping for changes within government agencies:
“The SEC is a bureaucracy, but policy is people, and people is policy. So hopefully, if you change some of the leadership at the SEC, we can start seeing a more rational approach to what they have been pursuing,” Ripple’s chief legal officer, Stuart Alderoty, told Cointelegraph in an exclusive interview.