Ripple CEO Criticizes Former SEC Head's Statements on Regulatory Actions

Brad Garlinghouse, Ripples chief executive officer, recently expressed his dissatisfaction with comments made by Jay Clayton, the former head of the U.S. Securities and Exchange Commission (SEC). Since the early months of 2023, the SEC has taken significant regulatory steps concerning various cryptocurrency platforms and related entities. During a conversation with CNBC on June 29, 2023, Clayton voiced his belief that the SECs legal actions should be reserved for situations where the agency has confidence in its legal standing. He emphasized the importance of regulatory bodies initiating...


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