In a brief exchange on Twitter, Ripple&#39;s CEO, Brad Garlinghouse, and its Chief Legal Officer, Charles Gasparino,​​ recently shed light on the controversy surrounding the cryptocurrency industry and the role of the Securities and Exchange Commission (SEC). The conversation sparked after Ripple’s Chief Legal Officer posted a thread on the  former Director of Corporation Finance at the SEC, Bill Hillman’s <a href="https://www.sec.gov/news/speech/speech-hinman-061418" rel="noopener noreferrer nofollow">speech</a>, to which Gasparino responded:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/88d9bebbdf0b4385a399ff7df5cbb985.png" />The SEC&#39;s stance on XRP and its handling of cryptocurrency regulation has led to calls for clearer guidelines and regulations in the industry. Gasparino echoed these sentiments, emphasizing the need for a “safe harbor” in the crypto space.Further, he emphasized that the reaction from the crypto community shouldn&#39;t be to label these regulatory inconsistencies as fraud. Instead, he highlighted the need for Congress to step in and set clear digital currency ground rules. He urged an end to regulation by enforcement, a practice that has mired the U.S. crypto industry in uncertainty and stifled innovation.Read full article at <a href="https://cryptotale.org/ripple-ceo-and-legal-officer-discuss-secs-approach-to-crypto/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Ripple CEO and Legal Officer Discuss SEC's Approach to Crypto

CryptoTale

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