According to TechFlow, Ripple's chief legal officer Stuart Alderoty called on the U.S. Congress to develop a cryptocurrency regulatory framework that supports innovation. He suggested that regulation should focus on behavior rather than technology.
SEC Commissioner Mark Uyeda criticized the SEC's tough enforcement stance, believing that it was inappropriate to take enforcement actions simply because the company was not registered. The industry expects that the Trump administration may appoint Paul Atkins to a key regulatory position to send a friendly signal.