Ripple CEO Calls Out SEC Over Crypto Regulatory Clarity Concerns

Ripple CEO, Brad Garlinghouse, has voiced concerns over the lack of regulatory clarity in the crypto markets, directing criticism towards the United States Securities and Exchange Commission (SEC). Striking Allegation Against SEC Official! In a startling accusation towards an SEC Official, Garlinghouse took to Twitter to comment on the recent emergence of internal emails regarding a 2018 speech by former SEC official, William Hinman. The speech notably stated Hinman’s belief that both Bitcoin (BTC) and Ethereum (ETH) were not securities. Garlinghouse alleges that the emails showcase a disagreement among SEC officials about whether a crypto asset is a security or not, thereby suggesting that the regulator’s lawsuit against Ripple lacks legitimacy, or that Hinman intentionally overlooked the law. In his statement, the Ripple CEO asserted: Hinman’s speech introduced new factors for determining whether a token has become decentralized enough to no longer be considered a security. At best, these documents […] The post Ripple CEO Calls Out SEC Over Crypto Regulatory Clarity Concerns appeared first on COINTURK NEWS.