Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin Macro Trend Oscillator shows when you can expect the price pin

2025-05-19

Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

2025-05-19

Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

    2025-05-19

    Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

    2025-05-19

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18
  • Analysis

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement
Ripple accuses SEC of weaponizing the company’s quarterly reports in court
Regulation

Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement

2023-11-11No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Ripple CEO Brad Garlinghouse said the US SEC’s actions towards the crypto industry have failed to protect investors and he must reassess his regulatory strategy.

Speaking to CNBC’s Dan Murphy at the Ripple Swell conference in Dubai, Garlinghouse expressed concern about the SEC’s focus and wondered:

“Who are they protecting on this journey?”

The CEO said the watchdog’s enforcement approach to regulating the crypto industry has only stifled growth. He added that the industry needs a new, tailor-made regulatory framework that properly takes into account the nuances of digital assets.

Court ruling against SEC

The criticism comes after a multi-year legal battle between Ripple and the SEC, which accused the blockchain company and its executives of committing $1.3 billion in securities fraud by selling XRP to retail investors.

However, in a crucial victory for Ripple in July, a judge ruled that XRP is not a security, marking a major development in the ongoing case.

The CEO also referenced a recent win for Grayscale, a digital asset manager, in the context of a Bitcoin ETF application. He emphasized that the federal judge presiding over the case had criticized the watchdog for being “arbitrary and capricious.”

According to Garlinghouse:

“In general, judges tend to be quite in the middle and try not to be dramatic – those are damning words.”

Garlinghouse said the watchdog may finally reassess its regulatory strategy, saying the enforcement approach of filing lawsuits alone has not worked in its favor and has only served to stifle innovation in the US.

Federal laws needed

Garlinghouse expressed hope that the regulatory stance on the digital assets industry will shift to a more positive tone following these legal developments. He said the government must take a more proactive approach to overseeing the sector, starting with new laws on digital assets.

See also  Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

He added that the US must move beyond a situation where crypto regulation is determined through lawsuits if the industry is to thrive in the country. He called for the introduction of federal laws regulating digital currencies by Congress, emphasizing the need to break with the current pattern of regulation through enforcement.

Garlinghouse reiterated that XRP should not be considered a security, emphasizing that federal laws can provide clarity and stability for the industry.

While the legal battle continues, the next major step in the Ripple-SEC case is the remedy discovery process, with the SEC having 90 days from November 9 to conduct related discovery, according to a proposed schedule.

Posted in: XRP, Regulation

Source link

aggressive CEO Criticizes Crypto Enforcement innovation Ripple SEC stifling
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

2025-05-19

Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

2025-05-19

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

2025-05-19

Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Bitcoin: New user influx raises hope amid sluggish price development

2023-08-08

Toncoin throws weight to lead weekend Top 20 with 15% rally

2023-08-13

Tron Price (TRX) Aims for New Gains: Will There Be Another Rise?

2024-07-24
Editors Picks

Bitcoin traders are again profit, but do they ignore these warning signals?

2025-05-18

This is why the BTC halving was such a non-event (price wise)

2024-04-22

Solana’s second phone just surpassed 100,000 pre-sales (€45 million in sales)

2024-02-13

XRP Price Targets a New All-Time High: Can Bulls Deliver Results?

2025-01-17

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin Macro Trend Oscillator shows when you can expect the price pin

Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

Sec -retreats decision on Bitwise, 21Shares Solana ETF applications, Opens Public Consultation

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,696.521.82%
  • ethereumEthereum(ETH)$2,577.887.10%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.400.84%
  • binancecoinBNB(BNB)$653.331.76%
  • solanaSolana(SOL)$172.823.28%
  • usd-coinUSDC(USDC)$1.000.04%
  • dogecoinDogecoin(DOGE)$0.2301952.97%
  • cardanoCardano(ADA)$0.751.76%
  • tronTRON(TRX)$0.2677262.06%
  • suiSui(SUI)$3.923.20%
  • chainlinkChainlink(LINK)$16.366.42%
  • avalanche-2Avalanche(AVAX)$22.752.17%
  • hyperliquidHyperliquid(HYPE)$26.992.60%
  • stellarStellar(XLM)$0.2891831.15%
  • shiba-inuShiba Inu(SHIB)$0.0000152.44%
  • hedera-hashgraphHedera(HBAR)$0.1979012.30%
  • unus-sed-leoUNUS SED LEO(LEO)$8.710.59%
  • bitcoin-cashBitcoin Cash(BCH)$397.880.19%
  • the-open-networkToncoin(TON)$3.07-0.04%
  • litecoinLitecoin(LTC)$99.240.47%
  • polkadotPolkadot(DOT)$4.712.39%
  • moneroMonero(XMR)$345.321.14%
  • bitget-tokenBitget Token(BGB)$5.251.66%
  • pepePepe(PEPE)$0.0000143.11%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.741.39%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$266.1520.30%
  • uniswapUniswap(UNI)$6.094.45%
  • bittensorBittensor(TAO)$423.682.32%
  • nearNEAR Protocol(NEAR)$2.874.29%
  • aptosAptos(APT)$5.295.31%
  • okbOKB(OKB)$52.830.42%
  • ondo-financeOndo(ONDO)$0.963.41%
  • kaspaKaspa(KAS)$0.1115711.78%
  • ethereum-classicEthereum Classic(ETC)$18.763.99%
  • internet-computerInternet Computer(ICP)$5.323.45%
  • gatechain-tokenGateToken(GT)$21.670.68%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.061.91%
  • crypto-com-chainCronos(CRO)$0.0975070.48%
  • vechainVeChain(VET)$0.0288613.09%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2371621.10%
  • mantleMantle(MNT)$0.73-0.06%
  • render-tokenRender(RENDER)$4.755.03%
  • ethenaEthena(ENA)$0.3931135.92%
  • usd1World Liberty Financial USD(USD1)$1.00-0.06%
  • algorandAlgorand(ALGO)$0.2269502.92%
  • arbitrumArbitrum(ARB)$0.4007416.06%
  • filecoinFilecoin(FIL)$2.923.60%
  • bitcoinBitcoin(BTC)$106,696.521.82%
  • ethereumEthereum(ETH)$2,577.887.10%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.400.84%
  • binancecoinBNB(BNB)$653.331.76%
  • solanaSolana(SOL)$172.823.28%
  • usd-coinUSDC(USDC)$1.000.04%
  • dogecoinDogecoin(DOGE)$0.2301952.97%
  • cardanoCardano(ADA)$0.751.76%
  • tronTRON(TRX)$0.2677262.06%
  • suiSui(SUI)$3.923.20%
  • chainlinkChainlink(LINK)$16.366.42%
  • avalanche-2Avalanche(AVAX)$22.752.17%
  • hyperliquidHyperliquid(HYPE)$26.992.60%
  • stellarStellar(XLM)$0.2891831.15%
  • shiba-inuShiba Inu(SHIB)$0.0000152.44%
  • hedera-hashgraphHedera(HBAR)$0.1979012.30%
  • unus-sed-leoUNUS SED LEO(LEO)$8.710.59%
  • bitcoin-cashBitcoin Cash(BCH)$397.880.19%
  • the-open-networkToncoin(TON)$3.07-0.04%
  • litecoinLitecoin(LTC)$99.240.47%
  • polkadotPolkadot(DOT)$4.712.39%
  • moneroMonero(XMR)$345.321.14%
  • bitget-tokenBitget Token(BGB)$5.251.66%
  • pepePepe(PEPE)$0.0000143.11%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.741.39%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$266.1520.30%
  • uniswapUniswap(UNI)$6.094.45%
  • bittensorBittensor(TAO)$423.682.32%
  • nearNEAR Protocol(NEAR)$2.874.29%
  • aptosAptos(APT)$5.295.31%
  • okbOKB(OKB)$52.830.42%
  • ondo-financeOndo(ONDO)$0.963.41%
  • kaspaKaspa(KAS)$0.1115711.78%
  • ethereum-classicEthereum Classic(ETC)$18.763.99%
  • internet-computerInternet Computer(ICP)$5.323.45%
  • gatechain-tokenGateToken(GT)$21.670.68%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.061.91%
  • crypto-com-chainCronos(CRO)$0.0975070.48%
  • vechainVeChain(VET)$0.0288613.09%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2371621.10%
  • mantleMantle(MNT)$0.73-0.06%
  • render-tokenRender(RENDER)$4.755.03%
  • ethenaEthena(ENA)$0.3931135.92%
  • usd1World Liberty Financial USD(USD1)$1.00-0.06%
  • algorandAlgorand(ALGO)$0.2269502.92%
  • arbitrumArbitrum(ARB)$0.4007416.06%
  • filecoinFilecoin(FIL)$2.923.60%