As a seasoned analyst with over two decades of experience in the financial sector, I find myself intrigued by the ongoing saga between Ripple and the SEC, and more importantly, the potential role Vice President Kamala Harris could play in shaping the future of the crypto industry.
Stuart Alderoty, serving as the Chief Legal Officer at Ripple, has urged Vice President Kamala Harris to intervene in what he perceives as the Securities and Exchange Commission’s (SEC) biased handling towards the cryptocurrency sector.
Regarding topic X, Alderoty stated, “Should the Administration truly aim for a ‘restart,’ immediate action is required to cease the Securities and Exchange Commission’s ill-advised battle against cryptocurrency.”
As someone who has closely followed the development of the cryptocurrency industry over the past decade, I find myself greatly encouraged by the recent court decision in the Ripple vs. SEC case. Having witnessed numerous legal battles between blockchain companies and regulatory bodies, it is refreshing to see a ruling that seems to strike a balance between protecting investors and fostering innovation within the sector.
Additionally, Vice President Harris is actively reaching out to the cryptocurrency sector. Notably, her campaign attended a crypto discussion led by Democratic Representative Ro Khanna, and the ongoing Crypto4Harris public forum underscores her dedication to interacting with crypto enthusiasts.
Paul Grewal, Coinbase’s Chief Legal Officer, pointed out that Harris’s campaign might offer a fresh viewpoint on government cryptocurrency regulation, potentially fostering a more favorable climate for the industry.
While some individuals are uncertain about Harris’s strategy, Charles Hoskinson, the creator of Cardano, has voiced reservations. He posits that the anticipated “cryptocurrency reset” might not materialize, and backing Harris could potentially harm the U.S. cryptocurrency sector.
Read More
- PYTH PREDICTION. PYTH cryptocurrency
- The Final ‘Gladiator II’ Trailer Has Arrived
- DC’s ‘Clayface’ Movie From Mike Flanagan Lands 2026 Release
- XRP price slips as RLUSD market cap hits $53m, liquidations rise
- Solana L2 Sonic includes TikTok users in airdrop
- Ananya Panday claims ‘its tough being Bhidu’ after working with Jackie Shroff; find out why
- When Dharmendra said Sunny Deol and Bobby Deol didn’t have affairs with heroines and were ‘innocent’, recalls Gadar 2 director Anil Sharma
- Smino and Samara Cyn To Hit the Road on ‘Kountry Kousins’ Tour
- Maluma Enters His Loverboy Era With New Single “Cosas Pendientes”
- Crypto VC funding roundup: Riot snags over $594m, BVNK raises $50m
2024-08-10 15:16