Ripples VD hävdar att kampen för tydliga regler måste fortsätta

• Ripple CEO Brad Garlinghouse claims that the battle for regulatory clarity in the crypto space “has to continue.”
• He claims that the SEC acted in “bad faith, plain and simple.”
• Garlinghouse hävdar också att regulatorn medvetet skapat förvirring i branschen.

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VD:n för blockchain-betalningsföretaget Ripple, Brad Garlinghouse, har uttalat att kampen för reglerande tydlighet i kryptoutrymmet måste fortsätta mitt i stämningarna mot ledande kryptobörser Binance och Coinbase av United States Securities and Exchange Commission (SEC).

The executive noted that the court battle between the SEC and Ripple is about to come to an end while adding that this is only the beginning of many future battles that the crypto space has to fight for. Garlinghouse stated that the fight for clarity “has to continue.” 

Trying something new – some thoughts from me on the events (specifically the release of the Hinman documents) of this week. For me, this has all had a personal bent to it – and felt like it warranted some personal comments. pic.twitter.com/k4dYeQGhsN

— Brad Garlinghouse (@bgarlinghouse) 16 juni 2023

It is crucial to mention here that following a lot of back-and-forth movement between the SEC and Ripple, the Hinman documents were unveiled on June 13, and Ripple is not very optimistic when it comes to the conclusion of the case. The documents revolve around the former Director of the SEC’s Division of Corporate Finance, William Hinman, who stated that Ethereum (ETH) cannot be classified as a security. Based on the same argument, the Ripple CEO stated that the XRP token is also not a security.

Enligt Garlinghouse bekräftar Hinman-dokumenten att SEC medvetet skapade förvirring i kryptoutrymmet under ledning av ordförande Gary Gensler. Han sa att efter att ha skapat förvirring om reglerna använde tillsynsmyndigheten situationen via verkställighet. 

Ripple-chefen sa via en Twitter video posted on June 17 that this confusion created by the regulator is the “definition of putting politics over people […] and the pursuit of power over sound policy.” He also claims that the regulator acted in “bad faith, plain and simple.”

Garlinghouse also claims that in his several meetings with the SEC, he answered “every question [the SEC] had, and not once did they suggest to me that XRP was a security.” He emphasized that the Hinman documents are not about a single cryptocurrency or blockchain in general, but they represent the “relentless” enforcement action by the SEC.

“This is about showing the extent to which the SEC has relentlessly enforced action against crypto players, while professing fake open arms and calls to come in and register, all the while lying about their so-called guidance,” Garlinghouse said. 

Som rapporterats tidigare av Bitnation fortsätter Ripple att utöka sin globala närvaro, och tillkännagav nyligen en partnership with Colombia’s central bank, Banco de la República to test a blockchain-based CBDC.

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