Ripple’s support for the SEC’s Reg Crypto proposal raises an important question about how crypto regulation should work.

In my view, a token and the investment contract surrounding it should not automatically be treated as the same thing. If an issuer has fulfilled its promises, the regulatory approach should reflect that reality instead of creating endless uncertainty.

Clear rules could help crypto projects innovate while giving investors better protection. The real challenge is finding the right balance between accountability and innovation.

Do you think this approach could bring more clarity to the crypto market?

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