follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit

Author Topic: "The SEC regulations may harm the growth of the crypto industry," Ripple's CEO  (Read 875 times)

Sophie Robert

  • Baby Steps
  • *
  • Activity: 26
  • points:
  • Karma: 0
  • Which altcoin are into?
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 13, 2023, 08:31:45 AM
    • View Profile

  • Total Badges: 7
    Badges: (View All)
    One year Anniversary Topic Starter 10 Posts
The Ripple vs. SEC debate has now become the Gary vs. Brad debate, in which Ripple CEO Brad Garlinghouse has expressed concerns that heavy-handed regulation of cryptocurrencies by the U.S. Securities and Exchange Commission (SEC) may harm the industry's growth. Garlinghouse said that many crypto players have already moved outside the U.S. to avoid the SEC's strict regulations, a view previously shared by the CEO of Coinbase, one of the largest crypto exchanges in the U.S.

Ripple is currently embroiled in a legal case that will determine whether many cryptocurrencies will be categorized as securities or commodities. Garlinghouse warned that if the SEC successfully sues Ripple, the industry could face a raft of lawsuits, which would not be a healthy way to regulate the industry. He also expressed concerns that the U.S. is at risk of losing out to foreign countries that have clearer rules for the crypto industry.

What do you think about the situation?? Let us know in the comment section.
Latest News on Cryptocurrency, Bitcoin, Blockchain, Events, Startups, decentralized market, and more.

Crypto Market Analyst.

Altcoins Talks - Cryptocurrency Forum


ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
Powered by SMFPacks Social Login Mod