- Ripple appoints ex-Obama official Lauren Belive to lead U.S. public policy.
- Lauren Belive’s vast government experience strengthens Ripple’s regulatory efforts.
- Ripple seeks clarity amid SEC lawsuit, emphasizing the need for crypto regulations.
Ripple makes a powerhouse move amid its legal battle between the U.S. Securities and Exchange Commission (SEC). In a strategic move aimed at fortifying its position in the evolving regulatory landscape, Ripple appoints Lauren Belive as its head of U.S. public policy and government. Belive, a former White House official under President Barack Obama, brings a wealth of experience in government affairs to the crypto company.
Specifically, Lauren Belive’s political journey began at the House Oversight and Government Reform Committee, working under California Representative Henry Waxman. Thus, her extensive tenure at the Obama White House saw her contributions in the Office of Legislative Affairs and involvement in President Obama’s campaign.
Prior to her new role at Ripple, Belive held key positions at multinational corporations, including director of government affairs at Zoom and SoftBank Group International. In particular, Belive will oversee Ripple’s engagement in Washington, D.C., and across the United States. This mean she will be championing policies that support the crypto industry and its potential benefits for individuals and businesses.
Amid ongoing legal challenges with the SEC, Ripple’s appointment of Lauren Belive signals its determination to navigate the complex web of U.S. public policy. The crypto industry has been advocating for clearer and more transparent regulations in Washington, D.C. Ripple’s lawsuit highlights the pressing need for regulatory clarity.
Furthermore, Ripple is not alone in its efforts. The crypto sector has intensified advocacy in the nation’s capital, seeking regulatory reforms to secure its place in the U.S. financial landscape. Critics have pointed out the SEC’s “regulation by enforcement” approach to crypto regulation, calling for a more comprehensive framework.
While Ripple’s lawsuit is still ongoing, a New York district court judge’s ruling in July determined that some of Ripple’s XRP sales did not violate securities laws. This decision, classifying XRP as not a security, has had significant implications for the crypto community.
No doubt, this is exciting news for XRP and crypto fans everywhere. More so for those who are tired of Biden’s failure to meet the needs of the crypto community and the demand for fair regulations in the space.
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