Ripple urges SEC to finalize crypto rules and clarify when tokens cease to be securities
- —Ripple wants the SEC to confirm that failing to file Form TR does not keep a token under securities law
- —The proposal would allow offerings of up to $5 million over four years or $75 million in 12 months
- —Ripple asks that exchanges be able to rely on Form TR filings for listings without constant monitoring
- —Chief legal officer Stuart Alderoty said Ripple has spent over $150 million seeking regulatory clarity
Why it matters: The SEC's decision on industry feedback will shape whether US crypto issuers and exchanges get predictable rules instead of case-by-case enforcement.
Source: Crypto Briefing