Ripple CEO Predicts End to US Hostile Crypto Climate Under Gensler

Brad Garlinghouse states the United States is unlikely to revert to stringent regulatory attitudes toward cryptocurrency under SEC Chair Gary Gensler.

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Terms & Concepts
  • SEC (Securities and Exchange Commission): The U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry, including some aspects of cryptocurrency.
  • Ripple: A blockchain-based payment network and protocol known for its XRP cryptocurrency, used for cross-border transactions.
  • Crypto Regulation: Governmental rules and guidelines governing the use, trading, and issuance of cryptocurrencies and related financial products.