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Ripple CLO urges Senate to hear crypto holders

Ripple CLO urges Senate to hear crypto holders

Ripple Chief Legal Officer Stuart Alderoty has urged undecided and opposing senators to hear from an estimated 67 million American crypto holders before the CLARITY Act faces a 60-vote procedural test on Sep. 15.

Summary

  • Alderoty has contacted Senate offices and asked lawmakers to speak directly with crypto holders.
  • The Sep. 15 cloture vote requires 60 senators and would open debate, not pass the bill.
  • Ethics rules, stablecoin rewards, and protections for decentralized finance remain points of dispute.
  • Republican senators have warned that the bill could fail without further compromise.

Alderoty asks senators to meet crypto holders

Ripple Chief Legal Officer…

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