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SEC Faces Criticism as Ripple CTO Highlights Regulatory Gaps in Crypto

Author: Content Editor
Ripple's CTO, David Schwartz, has criticized the SEC's regulatory approach and lack of clarity in applying broad rules to the diverse crypto industry, following Coinbase's recent legal win against the agency. The crypto community is concerned about the SEC's silence on a tailored regulatory framework, leaving issuers and exchanges uncertain about potential future actions. Coinbase's Chief Legal Officer highlighted the court's decision, which deemed the SEC's order arbitrary and capricious, leading to Coinbase's petition being partly granted and remanded for a more complete explanation. Many stakeholders argue that existing laws do not sufficiently address the unique qualities of cryptocurrencies and call for an industry-specific regulatory framework. Analysts anticipate that the Trump administration will prioritize crypto regulations and implement clearer policies to support blockchain and digital assets.

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