Ripple backs SEC crypto framework while seeking token trading protections

Ripple has filed a submission backing the SEC's proposed crypto framework while asking for protections for exchanges, brokers, and token holders. The filing defends the agency's legal authority, pushes back on certain token-classification approaches, and requests safeguards against trading restrictions and regulatory uncertainty. For traders, the move signals Ripple engaging constructively with regulators, which could reduce XRP-specific legal overhang, though no concrete rule change has occurred yet.