Brad Garlinghouse Hester Pierce Stuart Alderoty Usa state Garlinghouse Ripple XRP SEC CEO Action CoinMarketCap Brad Garlinghouse Hester Pierce Stuart Alderoty Usa state Garlinghouse

Ripple CEO: SEC’s methods are ‘not a healthy way to regulate an industry’

Reading now: 364
ambcrypto.com

Ripple [XRP] CEO Brad Garlinghouse has revealed a timeline for the verdict of the ongoing lawsuit with the U.S Securities and Exchange Commission (SEC).

In a 3 March interview with Bloomberg TV, Garlinghouse stated that he expected a decision on the controversial lawsuit this year.

The lawsuit has been going on since December 2020. According to the Ripple CEO, the verdict in this case will be pivotal for the crypto industry, not only in terms of setting a legal precedent for which crypto assets qualify as a security, but also defining the jurisdiction of United States regulators like the SEC.

Brad Garlinghouse has maintained that XRP is not a security, and that it is used by his firm to address issues related to cross-border settlements.

Read more on ambcrypto.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA