Chair

<ul class="wp-block-list">
 <li>Ripple's legal win against the SEC shows that the crypto industry can fight back against tough rules.</li>  
 <li>CEO Brad Garlinghouse and Ripple’s legal team were crucial in beating regulatory challenges, with help from the XRP Army.</li>  
 <li>Trump's incoming government may have more lenient regulations for cryptocurrencies as a result of Gensler's retirement.</li> 
</ul>  
<p>Ripple’s Chief Legal Officer, Stuart Alderoty, praised CEO Brad Garlinghouse in his <a href="https://x.com/s_alderoty/status/1860382900505448947" target="_blank" rel="noopener noreferrer nofollow">post on X</a> for his steadfast leadership. His lead strengthened the company’s determination during a challenging period. Along with providing leadership, Ripple's legal staff was crucial in resolving difficult legal issues. Alderoty praised the "nameless" contributors within Ripple who prioritized impactful work over public recognition.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/s_alderoty/status/1860382900505448947
 </div>
</figure>  
<p>Furthermore, the crypto community sees Ripple's legal approach as a model for overcoming regulatory resistance. The firm secured a ruling that <a href="https://www.bloomberg.com/news/articles/2023-08-18/sec-moves-to-appeal-ripple-ruling-that-crypto-is-not-a-security" target="_blank" rel="noopener noreferrer nofollow">XRP is not a security</a> by defending it against the SEC's accusations. Thus, this triumph highlighted Ripple's role in guaranteeing the industry's continued existence in the face of crackdowns.</p>  
<h2 class="wp-block-heading" id="h-political-shifts-signal-a-new-chapter-for-crypto">Political Shifts Signal a New Chapter for Crypto</h2>  
<p>The recent U.S. presidential election introduced new dynamics to the crypto regulatory framework. <a href="https://cryptonewsland.com/trumps-election-victory-a-vital-moment-for-ripple-and-xrp/" target="_blank" rel="noopener noreferrer nofollow">Donald Trump’s victory over Kamala Harris</a> has raised optimism among crypto enthusiasts. Notably, Trump’s campaign gained traction with crypto voters, driven by his promises to reform regulatory policies.</p>  
<p>Following Trump’s win, appointments have been made, including Howard Lutnick as Commerce Secretary and Scott Bessent as Treasury Secretary. However, <a href="https://cryptonewsland.com/gary-gensler-to-step-down-as-sec-chair-on-january-20-2025/" target="_blank" rel="noopener noreferrer nofollow">Gensler’s successor as SEC Chair</a> remains undisclosed. Many anticipate the new leadership will adopt a friendlier stance toward digital assets, potentially influencing the ongoing Ripple lawsuit appeal.</p>  
<h2 class="wp-block-heading" id="h-community-s-role-and-future-prospects">Community’s Role and Future Prospects</h2>  
<p>Alderoty acknowledged the support of the XRP community, often referred to as the "XRP Army." Their dedication and faith in Ripple were pivotal during the regulatory battle. Furthermore, <a href="https://www.sec.gov/newsroom/press-releases/2024-182" target="_blank" rel="noopener noreferrer nofollow">Gensler’s resignation</a> has sparked widespread optimism, signaling an end to what many consider an era of excessive enforcement.</p>  
<p>With Trump’s administration poised to introduce a fresh perspective, Ripple’s resilience has become a symbol of hope for the broader crypto sector. As new policies unfold, the industry anticipates a more balanced and progressive regulatory approach.</p> 
<p>The post <a href="https://cryptonewsland.com/ripple-defies-regulatory-pressure-as-genslers-resignation-opens-new-doors/" rel="noopener noreferrer nofollow">Ripple Defies Regulatory Pressure as Gensler’s Resignation Opens New Doors</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ripple Defies Regulatory Pressure as Gensler’s Resignation Opens New Doors

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