US Securities and Exchange Commission (SEC) Chair Gary Gensler’s recent approval of Bitcoin ETFs has stirred up controversy as he simultaneously voiced criticism and unfounded claims against Bitcoin and the broader crypto industry. In a CNBC interview, Gensler made statements that raised eyebrows among industry participants. Bitcoin ETFs Approval Fails To Shift Genler’s Stance On […]
In a surprising turn of events, Ripple CEO has accused the Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler of being hypocritical in his attempt to regulate cryptocurrencies. Garlinghouse Criticizes SEC Chair Bradley Kent Garlinghouse, Chief Executive Officer of Ripple, the network behind the XRP token, has recently taken to X […]
Crypto Assets Triumph As Commodities, But Face Regulatory “Turf War,” Says US CFTC Chair | Bitcoinist.com
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In the ongoing clash between regulatory bodies over the classification and regulation of the crypto industry, CFTC Chair Rostin Behnam has added fuel to the fire by stating that most crypto assets are commodities under existing laws. However, Behnam also acknowledged the existence of a “turf war” between regulatory bodies regarding the oversight of the […]
Ripple’s CEO Brad Garlinghouse didn’t hold back when he hit out at the former Securities and Exchange Commission (SEC) Chair Jay Clayton following the latter’s recent interview where he spoke on the current regulatory landscape and alluded to the SEC’s abuse of power. Why Ripple CEO Lashed Out At Clayton In response to an interview […]