Ripple, Cardano, Chainlink, Hedera, Stellar, Aptos & Avalanche Support SEC ‘Regulation Crypto Assets’

Ripple filed its comment letter on the SEC’s proposed Regulation Crypto Assets, supporting to finalize the proposed crypto rules. It rests on the Howey test, treating the investment contract, not the crypto asset itself as the security, and builds on a prior joint SEC-CFTC harmonization initiative. Ripple CLO Stuart Alderoty said “We support the proposal,