Caroline Crenshaw, Commissioner of the United States, suggested on May 8 that the agency's regulations with Ripple could create a regulatory difference. She added that the rules had joined a line of layoffs which collectively eroded the credibility of the lawyers of the agency before the court, which was invited to take legal positions today contrary to those taken a few months ago.
Crenshaw from dry in the United States Argued that the agency's regulations with Ripple, alongside the programmatic disassembly of its cryptography application program, made a “bad service” for the investment public and was likely to create a regulatory vacuum which undermined the role of the Court in the interpretation of American laws on securities. She stressed that she could not support the regulations.
Crenshaw said that the agreement, which indicated that neither the dry nor the undulation would seek to leave or modify part of the summary judgment decision of the district court, undermined the order of the court and that it “razed” the decision of the civil sentence as well as the injunction imposed by the court. She stressed that the Commission could not do anything if Ripple decided to sell XRP tokens not registered with institutional investors – in the event of a challenge of the court order, rendering the hundreds of hours spent by the court in this case.
Crenshaw says that the SEC regulation in the United States with Ripple could create a regulatory gap
Crenshaw Screns Slams Ripple Settlement, warns against the “regulatory vacuum” #Norca #Noq #Bitcoin #Eth #Ai #Blockchain #Blockchain #Law #Polices #Rules #Crypto
– Norque-noq (@norquenoq) May 9, 2025
Crenshaw criticized the proposed SECR-Ripple regulations, warning that he could harm investor protections and weaken cryptography regulations by creating a regulatory vacuum. The Commission and Ripple submitted a regulation which included the dissolution of an injunction and the return to Ripple of about $ 75 million in the whole.
The commissioner also said that the regulation had undermined the United States's dryness and its application program because it had reversed the clear and honest application of the facts to the law – a cornerstone of any effective law enforcement program. She added that even if the crypto working group has rewritten the registration rules for cryptographic titles in the future, this did not change the rules that were in place when Ripple raped them.
“Today we accept a diluted regulation which erases the protections of investors that we have already won, on the basis of an nonexistent framework which can potentially materialize years … This creates an endless regulatory vacuum in view.”
–Caroline CrenshawUnited States SEC SCRO
Crenshaw argued that by allowing Ripple to continue working without admitting reprehensible acts or considerably modifying its behavior, the American sec can have established a precedent which has weakened its regulatory position and could ultimately harm the long -term investors.
Pierce expresses doubts about the terms of the regulation
The United States Commissioner, Hester Peirce (Crypto Mom), also expressed his skepticism as for the terms of the regulation, claiming that the actions of the dry against Ripple had caused uncertainty on the cryptography market and could have large-scale implications for industry as a whole. She was particularly concerned about the fact that the agency's approach to regulate the crypto “stifles innovation” and the conduct of projects abroad.
Peirce has called the dry transparency in the United States for more transparency with regard to the regulation of the cryptography market. She said clear guidelines were essential for companies operating in space to comply with regulations and avoid costly legal battles.
Peirce's criticism with regard to the proposed regulation highlighted the current debate within the agency on how to approach the technology of cryptography and blockchain. The measures to apply the United States law against Ripple were closely monitored by the cryptographic community because they could establish a precedent on the way the agency regulated other digital assets.
Cryptopolitan Academy: Do you want to develop your money in 2025? Learn to do it with DEFI in our next webclass. Record your place
