- Ripple’s CEO says the U.S. should lead blockchain in spite of regulatory hurdles.
- SEC might not appeal recent partial decision in Ripple’s favor. Case resolution is likely.
Ripple CEO continues to face government obstructions and has filed a new lawsuit against his company. Brad Garlinghouse He reiterated his desire for the United States of America to be the global leader in the blockchain technology and cryptocurrency.
Jack The Rippler – a Ripple enthusiast who is well known. posted An excerpt of Garlinghouse’s CNBC interview. Garlinghouse expressed concerns in an interview regarding the U.S. Government’s resistance to the crypto industry. He said that the business is being pushed to a defensive position. “behind in Washington.”
🚨BREAKING: @Ripple Brad Garlinghouse CEO on CNBC
“We want the U.S. to be one of the Financial Centers of this next generation technology!”#XRP 👑 pic.twitter.com/2rCNuuiCWn
— JackTheRippler ©️ (@RippleXrpie) June 22, 2024
Industry Lagging in Washington
Garlinghouse said that Washington has a defensive attitude because it is behind the crypto-sector. The ignorance of lawmakers is what he believes to be the root cause for this situation.
Ignorance of U.S. lawmakers regarding crypto is one of main problems Garlinghouse Attention brought to. The sector is facing more challenges and obstacles due to this ignorance.
Garlinghouse suggested that some government representatives may be deliberately working to undermine the crypto-sector. Garlinghouse implied that the resistance could be an intentional attempt to stop the growth of this sector.
Current XRP Market Information
The time of the writing XRP The value of the property is approximately $0.4846The ‘down 0.76% CoinMarketCap shows that the XRP price has been increasing in the past 24 hours. However, XRP is still up by 1.24% The trend has been bullish for the past seven days.
CNF has already stated that an agreement in the Ripple v. SEC The lawsuit was getting closer. SEC may not contest Judge Analisa Torres’ most recent partial ruling in RippleLabs’s favor.
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Source: www.crypto-news-flash.com