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Ripple supports SEC's new crypto rules, urging clear regulations over enforcement actions

Market News
21 Oct 2026
UToday
View Source
Bullish
Ripple supports SEC's new crypto rules, urging clear regulations over enforcement actions

Ripple has publicly endorsed the U.S. SEC's proposed Regulation Crypto Assets, urging the agency to replace its enforcement-driven approach with clear, consistent rules for the cryptocurrency industry. Ripple's Chief Legal Officer highlighted that the SEC already has the authority to implement these regulations, which include exemptions for crypto projects raising limited funds and a safe harbor for assets no longer considered securities. Ripple argues this approach aligns with legal precedents and opposes using decentralization as a key factor in defining securities. This support signals a push for regulatory clarity that could foster innovation and legal certainty in the U.S. crypto market.

XRP (Ripple) holds a market cap of Rp1.516,96 trillion and a 24-hour trading volume of Rp31,51 trillion on Pluang as of Oct 21, 2026, 13:01 WIB. The price of XRP is Rp23.975, up 2.14% in the last day, with a typical hold time of 72 days among Pluang users. Despite the ongoing regulatory discussions, Pluang order activity shows a balanced mix with 55% selling and 45% buying interest.

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