Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12808
Markets: 99653
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12808
Cryptocurrencies
60.43%
Bitcoin Share
coinpedia 2025-02-04 20:46:29

Crypto Czar Criticizes SEC’s Harsh Approach Amid Ongoing Ripple Lawsuit, Calls for Clearer Rules

Crypto Czar Criticizes SEC’s Harsh Approach Amid Ongoing Ripple Lawsuit, Calls for Clearer Rules

The post Crypto Czar Criticizes SEC’s Harsh Approach Amid Ongoing Ripple Lawsuit, Calls for Clearer Rules appeared first on Coinpedia Fintech News The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has now spanned over four years, drawing sharp criticism from Ripple’s CEO, Brad Garlinghouse, and other crypto industry leaders. As the case continues, Garlinghouse and key figures like attorney John Deaton have repeatedly called for clearer, more consistent regulations from U.S. lawmakers and regulators, particularly the SEC. Garlinghouse has been vocal in criticizing SEC Chair Gary Gensler, claiming the agency’s lack of clear rules has created an unpredictable environment for crypto companies. He, along with other industry figures, has expressed frustration over what they see as unfair enforcement and the failure of the SEC to provide clear guidance on crypto operations. However, major shifts seem to be underway following the change in political leadership in the U.S. Following the election of President Donald Trump, many in the crypto space have expressed optimism that the regulatory landscape might start to become more favorable. In a recent development, David Sacks, the newly appointed Crypto Czar, commented on the issue, revealing that many founders had confided in him about the need for clear rules from Washington. During his remarks, Sacks explained that many in the crypto space were desperate for regulatory clarity. “Over the past few years, founders have told me repeatedly that the number one thing they need is clarity,” he said. “They just want to know what the rules of the road are so they can comply by them. ” But instead, he said that the industry has faced four years of arbitrary prosecution, where the SEC wouldn’t tell founders the rules, yet they still faced legal action. As the Ripple case continues to unfold, many hope that the government will take the necessary steps to provide the clear guidelines the industry has been asking for.

Most Read News



Cryptohopper
Market Cap
24h Vol
60.43%
Bitcoin Share
815
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.