Ripple Chief Legal Officer: Expect the new government to drop digital asset cases and expect to see a more rational regulatory approach

Odaily Planet Daily Report: With Trump's election and the Republican majority in the Senate, cryptocurrency companies are prepared to advocate for a "new perspective" on federal agencies. Ripple is one of the cryptocurrency companies engaged in legal battles with US regulators, and the company expects the new White House administration to withdraw digital asset cases from the courts, hoping for changes within government agencies. Ripple's Chief Legal Officer, Stuart Alderoty, stated in an interview: "The SEC is a bureaucratic agency, but policy is people, and people are policy. So if the government changes some of the SEC's leadership, we hope to start seeing the more rational approach they are pursuing." Coinbase's Chief Legal Officer, Paul Grewal, has also recently made a similar appeal after Trump's victory: "Please stop prosecuting cryptocurrency companies." Coinbase and Ripple were among the largest donors to cryptocurrency-friendly candidates in this election. (Cointelegraph)