Crypto-focused lawyer Jeremy McLaughlin said the United States digital asset industry may re-ignite as the country’s securities regulator racks up court losses.
John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024.
According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security.
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling.
Gensler highlighted market surveillance and three other use cases in which the securities regulator staff could benefit from making greater use of AI.
Securities and Exchange Commission Chair Gary Gensler is working to protect someone, but it’s not American investors.
Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime, consider moving to the European Union.
SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them as non-securities.