“Tribalism” around bitcoin and other cryptocurrencies is holding back the entire $2 trillion market, Ripple CEO Brad Garlinghouse has said.
CEO Michael Saylor are among the so-called maximalists who support only bitcoin and not other cryptocurrencies.
Garlinghouse said such maximalism has meant the crypto industry has"fractured representation" when it comes to lobbying U.S. lawmakers.calling on the government to examine the risks and benefits of cryptocurrencies. "The lack of coordination in Washington, D.C., amongst the crypto industry, I find to be shocking," he said.The company owns a majority of the 100 billion XRP tokens in circulation, which it periodically releases from an escrow account to keep prices stable.with the Securities and Exchange Commission over allegations that it illegally sold over $1 billion worth of XRP in an unregistered securities offering. The company argues XRP should be considered a virtual currency, not a security.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Grayscale CEO: Bitcoin spot ETF approval by the SEC is inevitableAlthough financial authorities and watchdogs seem to have taken a harsh stance toward cryptocurrencies, there are those in the industry... Continue reading
Weiterlesen »
VanEck CEO Doesn’t Expect Spot Bitcoin ETF Approval Anytime SoonPrior to that, Jan van Eck accused the SEC of holding a spot Bitcoin ETF hostage due to lack of jurisdiction
Weiterlesen »
Silvergate Capital May Expand Its Bitcoin Lending Program, CEO Says$SI is up 12% following strong Q1 results, and looking for opportunities to continue expanding its lending business against bitcoin collateral. mikeybellusci reports.
Weiterlesen »
Ripple vs. SEC: Defendants' Attempt to Block Supplemental Expert Report FailsSEC has been allowed to to file a supplemental report in the Ripple case
Weiterlesen »
‘Don't Fight the U.S. Consumer' — Bank of America CEO Says Spending Is Healthy Despite Roaring Inflation“They are a very strong force and you can see them very healthy,” Moynihan said Tuesday.
Weiterlesen »
Netflix CEO now says he’s open to a cheaper, ad-supported planReed Hastings has long resisted the idea of ads on Netflix.
Weiterlesen »