The post Ripple CLO Corrects The New York Times Over ‘Crypto Is Useless’ Narrative appeared on BitcoinEthereumNews.com. Ripple’s Chief Legal Officer (CLO) StuartThe post Ripple CLO Corrects The New York Times Over ‘Crypto Is Useless’ Narrative appeared on BitcoinEthereumNews.com. Ripple’s Chief Legal Officer (CLO) Stuart

Ripple CLO Corrects The New York Times Over ‘Crypto Is Useless’ Narrative

Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has taken a swipe at The New York Times’ bias against cryptocurrency. Speaking in his capacity as the president of the National Cryptocurrency Association (NCA), Alderoty claims he has written to the news outlet over a report that referred to crypto as “pointless and full of scammers.”

Stuart Alderoty frames crypto as everyday economic infrastructure

Alderoty described The New York Times article as a “lazy and outdated” view about cryptocurrency. In defense of the sector, he argued that crypto has been supporting millions of Americans to improve their financial situation. He also stated that millions rely on crypto to run their businesses and pay for goods and services conveniently.

He emphasized his point by sharing a video of everyday users sharing their experiences with crypto and how they use the technology for positive impacts.

Alderoty challenged The New York Times to get the facts right by accessing needed information from the NCA. He expressed willingness to furnish the media outlet with whatever information about crypto that is unclear to it.

The NCA president is effectively positioning crypto as economically useful and not just for speculative trading. Alderoty has always been a strong advocate for the crypto community, particularly in his role as Ripple CLO.

He was particularly vocal during the five-year legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. Alderoty consistently challenged the categorization of XRP as a security until it resulted in a legal win for Ripple.

Hence, it is not surprising to see him take on a mainstream media giant such as The New York Times. Alderoty’s bold confrontation of the renowned traditional media outlet as out of touch is likely to prompt a rethink and possibly a second critical look at the impact of crypto to everyday citizens in America.

He has also positioned the NCA as an authority that should be consulted if the media organization desires to redo a more balanced reportage of crypto.

Ripple CLO’s policy push extends to stablecoin and yield debate

You Might Also Like

It is worth mentioning that Stuart Alderoty’s influence extends beyond just Ripple. Recently, he joined forces with other critical stakeholders from Wall Street and notable crypto leaders to attend a meeting at the U.S. White House.

The goal of that meeting was to resolve issues surrounding stablecoin yields and break the deadlock stalling progress on crypto legislation.

Alderoty was there to advance the course of crypto and point out that restricting yields was an unfair advantage to traditional banks.

Source: https://u.today/ripple-clo-corrects-the-new-york-times-over-crypto-is-useless-narrative

Market Opportunity
Yei Finance Logo
Yei Finance Price(CLO)
$0.07183
$0.07183$0.07183
+0.85%
USD
Yei Finance (CLO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pepe Coin Price Prediction: Why Pepeto Could Claim Top Meme Coin Status as PEPE Crashes 80% From Its Peak

Pepe Coin Price Prediction: Why Pepeto Could Claim Top Meme Coin Status as PEPE Crashes 80% From Its Peak

Pepe Coin price prediction has again captured attention as the token continues its volatile crash in 2026. PEPE posted a remarkable 1,300% increase in 2024 that
Share
Techbullion2026/03/01 00:49
Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Share
BitcoinEthereumNews2025/09/18 00:41
Pepeto Price Prediction 2026 to 2030: Why the Micro Cap Math Points to Returns Old Meme Coins Cannot Match

Pepeto Price Prediction 2026 to 2030: Why the Micro Cap Math Points to Returns Old Meme Coins Cannot Match

Combined utility and community energy are a double edged sword in crypto. When a meme coin brings both real products and cultural power, the upside compounds in
Share
Techbullion2026/03/01 01:12