Brad Garlinghouse is hopeful that the lawsuit will be completed this year.
The lawsuit initiated by the SEC began in 2020 when the regulator accused Ripple and its executives of selling unregistered securities.
“We have always said that we would love to settle, but it requires one very important thing, and that is that, on a go-forward basis, it’s clear that XRP is not a security.”, and the majority of all crypto assets, are securities. Therefore, in his opinion, they need to register and abide by the same rules as stock brokerages.
Gensler has also suggested that Ethereum is a security due to its staking mechanism, which results in the “investing public anticipating profits based on the efforts of others.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ripple CEO Speaks Out About Hinman Emails in DavosRipple CEO Brad Garlinghouse spoke about the ongoing legal saga and his company's financial health at the World Economic Forum (WEF)
Weiterlesen »
Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'Ripple’s CEO Brad Garlinghouse believes its ongoing lawsuit with the U.S. Securities Exchange Commission (SEC) will reach an outcome soon, adding that a settlement with the “embarrassing” SEC is unlikely.
Weiterlesen »
Ripple CEO to Speak at WEF, Here's WhenGarlinghouse's experience in advocating for global cryptocurrency regulations makes him valuable addition to conversation
Weiterlesen »
Mark Cuban on disrupting the pharmaceutical industry - CEO SpotlightMark Cuban, CEO of Cuban Companies, joins David Johnson on this episode of CEO Spotlight.
Weiterlesen »
Ripple Attorney Lends Further Argument on Why SEC Is Wrong About XRP: DetailsAttorney JohnEDeaton1 shares reasons he believes Ripple will win its case with the SEC
Weiterlesen »
Ripple CTO Isn't So Pleased with Flare Proposal for Two Reasons: DetailsRipple CTO raises concerns about Flare proposal: here's why FLR $FLR RippleXRP XRPArmy FlareNetwork FlareCommunity
Weiterlesen »