CandleFocus New Statements from Ripple CEO: “For the Next 12 to 18 Months…”
2024-10-25
Author: Content Editor
Ripple CEO Brad Garlinghouse discussed concerns about the US Securities and Exchange Commission (SEC) and its legal battles with the crypto industry in an interview. He expressed worries that if the SEC's cross-appeal regarding the definition of an investment contract is successful, it could push more of the industry offshore. Garlinghouse also criticized the SEC's handling of the approval of Coinbase IPO and Bitcoin ETFs, stating that they were not supportive of the crypto industry. However, despite the regulatory challenges, he expressed optimism about Ripple's growth and noted increased institutional interest in the company.
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