Ripple's CLO argues 67 million American crypto owners represent significant political constituency amid CLARITY Act regulatory framework discussions.
Regulation & Gov ·
Ripple's Chief Legal Officer Stuart Alderoty challenged media characterization of a poll showing 27% support for crypto legislation, contending the figure represents 67 million American adults who own digital assets and constitute a significant voter constituency. Alderoty cited a National Cryptocurrency Association report indicating crypto ownership has grown to 1 in 4 adults, with 12 million new holders added in the past year and 42% of recent entrants being women. The comments come as the CLARITY Act, which would establish a regulatory framework for crypto markets, missed a July 4 signing deadline and faces time pressure before the August congressional recess.