United

David

The post <a href="https://coinpedia.org/news/ripple-cto-says-negativity-towards-the-company-has-gone-down-amid-legal-battle/">Ripple CTO says negativity towards the company has gone down amid legal battle</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
David Schwartz, the Chief Technology Officer at <a href="https://app.coinpedia.org/company/ripple" target="_blank" class="profile-details">ripple</a> <img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/10122626/info_icon.svg" alt="information" class="info-icons"> <a href="https://app.coinpedia.org/company/ripple" target="_blank"><img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/09190601/link.svg"></a> <a href="https://ripple.com/" target="_blank"> <img decoding="async" src="https://image.coinpedia.org/app_uploads/profile/1657967159590o09wizsbnt.png" class="company_logo_img" target="_blank"></a> ripple m***h@ripple.com Crypto / Blockchain SolutionPayment solution <a href="https://ripple.com/" target="_blank"><img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/10161442/globe.svg"></a> <a href="https://www.facebook.com/ripplelabs" target="_blank"><img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2023/01/27173941/facebook-1.png"></a> <a href="https://www.linkedin.com/company/ripple-labs" target="_blank"><img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/09190603/li.svg"></a> <a href="https://twitter.com/ripple" target="_blank"><img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/09190602/tw.svg"></a> <a href="https://www.instagram.com/ripple_labs" target="_blank"><img decoding="async" src="https://image.coinpedia.org/wp-content/uploads/2022/11/09190603/in.svg"></a> &nbsp;, recently shared interesting details of the company’s progress and the broader cryptocurrency landscape <a href="https://www.youtube.com/watch?v=xansTf2Uw6E">in an interview with Thinking Crypto</a>. He discussed various topics, including the recent approval of Exchange-Traded Funds (ETFs) and the ongoing regulatory environment. 
Schwartz said that the year has been a mix of slow technical developments and important progress on the regulatory front. While technical breakthroughs have been less pronounced, regulatory advancements, such as ETF approvals, have garnered attention and excitement in the market. 
Expressing his perspective on the regulatory landscape, Schwartz said that the year has seen notable consolidation. He spoke about the absence of extreme and arguably less useful trends, contributing to a more constructive environment for development. 
The conversation then shifted to the SEC versus Ripple lawsuit, with Schwartz stressing the importance of the recent ruling by Judge Torres. The ruling clarified that <a href="https://coinpedia.org/news/ripple-must-launch-xrp-futures-etf-before-spot-etf-rollout-says-fox-reporter/" target="_blank" rel="noreferrer noopener">XRP</a> is not inherently a security, marking a historic win for Ripple and the entire crypto industry. Schwartz noted that the initial negativity towards Ripple has diminished as people examined the case and recognized its broader implications. 
Also Read: <a href="https://coinpedia.org/news/ripple-cto-dispels-xrp-loss-concerns-assures-value-stability/">Ripple CTO Dispels XRP Loss Concerns, Assures Value Stability</a> 
Schwartz pointed out three key victories for Ripple in the legal battle: the ruling on XRP’s non-security status, the SEC’s denial of an interlocutory appeal, and the voluntary dismissal of charges against Chris Larsen and Brad Garlinghouse. He opened up about the strategic error on the SEC’s part and expressed positivity about the ongoing proceedings. 
Despite the legal victories, Schwartz also discussed that the regulatory front might feel somewhat dull at the moment. However, he highlighted the importance of industry engagement with regulators and the potential impact of Congress passing new legislation. Schwartz warned about the regulatory outlook in the United States, hinting the need for a balanced approach that fosters innovation without compromising security.

Ripple CTO says negativity towards the company has gone down amid legal battle

CoinPedia News

Other articles published on Jan 27, 2024

Ava Labs outlines solution to push Avalanche to 100k TPS

Is Ethereum Planning to Setup in RAK DAO? Vitalik Handshake Tells Half of the Story

Francophone summit to pave the way for economic collaboration in Africa

NuggetRush Gains Momentum: Could it Be the Next Big Thing in the Crypto Market After Blur and ORDI?

DeeStream (DST) Launches Presale Stage 1, MATIC and DOGE Holders Join In

Trader Nets $1.60 Million as New Solana Meme Coin Soars 500%

Join our free newsletter for daily crypto updates!