Ripple CEO Brad Garlinghouse Calls for SEC Accountability on Anti-Crypto Position
Brad Garlinghouse, CEO of Ripple, has spoken out against the Securities and Exchange Commission’s (SEC) negative stance towards cryptocurrencies. In a recent statement, Garlinghouse demanded accountability from the SEC for its anti-crypto position.
Garlinghouse emphasized the importance of regulatory clarity in the cryptocurrency industry, stressing that the SEC’s current approach is hindering innovation and growth. He called on the SEC to reconsider its stance and work towards creating a more supportive environment for cryptocurrencies.
The Ripple CEO’s remarks come at a time when the SEC has been cracking down on various cryptocurrency projects, raising concerns within the industry. Garlinghouse’s call for accountability highlights the need for a more balanced and informed approach to regulating cryptocurrencies.
Overall, Garlinghouse’s demand for accountability from the SEC reflects the growing tension between regulators and the cryptocurrency community. It remains to be seen how the SEC will respond to these calls for greater transparency and collaboration in the regulatory process.