John Deaton, a prominent advocate for the cryptocurrency XRP, has criticized the U.S. Securities and Exchange Commission (SEC) for using outdated laws from the 1930s to regulate modern technologies like blockchain, AI, and robotics. Deaton argued that the current legal framework fails to consider the real-time nature of information provided by the internet and technological advancements. He emphasized the need for regulatory reform to address this issue.
- Content Editor ( coingape.com )
- 2024-11-19
Pro-XRP Lawyer John Deaton Criticizes US SEC For Applying Outdated Laws