Stuart Alderoty, Chief Officer of Ripple, is calling for bipartisan collaboration in advancing cryptocurrency innovation, emphasizing the importance of working together regardless of political affiliations. He commends the bipartisan agreement within the US House of Representatives to challenge the SEC's guidance on crypto custody, a move that has received both criticism and approval from members across party lines. Alderoty's position mirrors that of SEC Commissioner Hester Peirce, who has also criticized the SEC's inconsistent approach to custody regulations. The resolution's success hinges on Senate approval, marking a rare instance of harmony between the cryptocurrency and banking sectors.
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