Ripple CLO Stuart Alderoty 强烈期望 SEC 在来年对加密货币监管采取更合法、更平衡的方法

他的评论是在一个关键时刻发表的，因为 Ripple 与 SEC 的持续斗争即将结束。

Ripple Technologies Inc.’s Chief Legal Officer Stuart Alderoty has high hopes that the U.S. Securities and Exchange Commission will adopt a more balanced and legally sound approach to cryptocurrency regulation in 2025.

Ripple Technologies Inc.首席法务官Stuart Alderoty对美国证券交易委员会在2025年对加密货币监管采取更加平衡和合法的方法寄予厚望。

This comes at a crucial juncture as Ripple’s XRP lawsuit nears a possible conclusion.

这是在 Ripple 的 XRP 诉讼接近可能结束的关键时刻。

Alderoty maintains that the SEC should focus on traditional securities transactions and avoid expanding its authority into the crypto space without clear legal justification.

Alderoty 认为，SEC 应专注于传统证券交易，并避免在没有明确法律依据的情况下将其权力扩展到加密货币领域。

Highlighting a key principle, Alderoty argues that the SEC’s jurisdiction should be limited to securities transactions. This distinction is crucial to prevent the agency from overstepping its mandate and introducing uncertainty in the market.

Alderoty 强调了一个关键原则，认为 SEC 的管辖权应仅限于证券交易。这种区别对于防止该机构超越其职责并给市场带来不确定性至关重要。

To illustrate, he explains that selling a gold bar with additional rights could be a securities transaction, but selling the same gold bar without any post-sale obligations would only be an asset sale, which the SEC has no authority to regulate.

为了说明这一点，他解释说，出售带有附加权利的金条可能是一项证券交易，但出售相同的金条而不承担任何售后义务只会是资产出售，而 SEC 无权监管。

This is particularly relevant as the SEC has been closely examining digital assets like XRP to determine if they qualify as securities. Alderoty hopes the SEC will adopt a more objective approach to this issue, avoiding vague or subjective interpretations of disclosure requirements.

这一点尤其重要，因为 SEC 一直在密切审查 XRP 等数字资产，以确定它们是否有资格作为证券。 Alderoty 希望 SEC 对这个问题采取更客观的方法，避免对披露要求做出模糊或主观的解释。

As the legal battle between the SEC and Ripple nears its resolution, the decision will profoundly impact the future of XRP and broader crypto regulation.

随着 SEC 和 Ripple 之间的法律纠纷接近解决，这一决定将深刻影响 XRP 和更广泛的加密货币监管的未来。

With Paul Atkins, a figure known for his pro-crypto stance, potentially becoming the SEC Chair under a new administration, there is optimism that his position could favor Ripple in the final stretch of the lawsuit.

以支持加密货币立场而闻名的保罗·阿特金斯 (Paul Atkins) 有可能成为新政府领导下的 SEC 主席，人们乐观地认为，他的立场可能会在诉讼的最后阶段有利于 Ripple。

If the SEC decides to abandon its appeal or if the agency’s enforcement strategy shifts, XRP could experience a significant price surge.

如果 SEC 决定放弃上诉或者该机构的执法策略发生变化，XRP 的价格可能会大幅上涨。

At the heart of the matter lies the question of whether XRP is a security. Alderoty believes the ongoing case will provide much-needed clarity on this front.

问题的核心在于 XRP 是否是一种证券。阿尔德罗蒂相信，正在进行的案件将为这方面提供急需的清晰度。

He points to Judge Torres’ prior rulings, which have already favored Ripple in several instances, and anticipates that the Second Circuit Court’s review may provide further legal backing for Ripple’s position.

他指出，托雷斯法官之前的裁决已经在数起案件中对瑞波有利，并预计第二巡回法院的审查可能会为瑞波的立场提供进一步的法律支持。

One of the critical points Alderoty raises is the SEC’s previous claims about tokens evolving from securities to non-securities over time. He strongly rejects this notion as a “made-up fallacy” with no legal basis.

Alderoty 提出的关键点之一是 SEC 之前关于代币随着时间从证券演变为非证券的主张。他强烈反对这种观点，称其为“捏造的谬论”，没有任何法律依据。

According to Alderoty, a token itself should not be classified as a security unless it is part of a securities transaction. This approach could bring the regulatory framework back to a more grounded legal interpretation.

根据 Alderoty 的说法，代币本身不应被归类为证券，除非它是证券交易的一部分。这种方法可以使监管框架回归到更加基础的法律解释。

The Ripple-SEC lawsuit is one of the most closely watched legal battles in the cryptocurrency space. The outcome could shape how the SEC handles other cryptocurrencies in the future.

Ripple-SEC 诉讼是加密货币领域最受关注的法律诉讼之一。这一结果可能会影响美国证券交易委员会未来处理其他加密货币的方式。

Analysts suggest that if the SEC changes its enforcement stance or drops its appeal against Ripple, it could trigger a massive surge in the price of XRP, giving a strong signal to the broader crypto market that regulatory clarity is on the horizon.

分析师表示，如果 SEC 改变执法立场或放弃对 Ripple 的上诉，可能会引发 XRP 价格大幅上涨，向更广泛的加密市场发出强烈信号，表明监管明确即将到来。