<ul class="news-points">
 <li>Pro-XRP lawyer John Deaton shields major cryptos amid regulatory pushbacks, highlighting Bitcoin and Ethereum’s successes.</li>
 <li>Recent rulings and developments bolster the non-security status of Bitcoin, Ethereum, and XRP, challenging the SEC’s stance.</li>
 <li>The European Union’s proactive stance on crypto regulation signals a commitment to stringent standards for foreign firms.</li>
</ul>
After increased demands for cryptocurrency regulation by Treasury Secretary Janet L. Yellen, John E. Deaton protects Bitcoin, Ethereum, and XRP from mounting legislative scrutiny. Deaton’s defense is important to the crypto community as it sails through a sea of regulatory uncertainties.
Deaton points out the current successes of Bitcoin and Ethereum in establishing their positions despite regulatory discussions. The SEC’s approval for <a href="https://coinedition.com/btc-observes-growing-holder-numbers-amid-anticipation-of-btc-spot-etf-approval-will-bitcoin-rise-or-fall/" rel="noopener noreferrer nofollow">spot Bitcoin ETFs</a> is a major achievement, signaling an implicit consent to the role of Bitcoin in financial markets. Not much behind, Ethereum has a similar position with futures ETFs already available, and BlackRock’s application for a spot in the Ethereum ETF suggests high institutional demand.
According to Deaton, these developments solidify the non-sec…
The post <a href="https://coinedition.com/pro-xrp-lawyer-defends-crypto-giants-amid-legislative-push/" rel="noopener noreferrer nofollow">Pro-XRP Lawyer Defends Crypto Giants Amid Legislative Push</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Pro-XRP Lawyer Defends Crypto Giants Amid Legislative Push

Coin Edition

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