Ripple CEO Discusses SEC Battle and Crypto's Political Impact on 60 Minutes
TL;DR Summary
Ripple CEO Brad Garlinghouse discussed the company's $150 million legal battle with the SEC on 60 Minutes, criticizing the agency's approach under Chairman Gary Gensler and advocating for clearer crypto regulations. He emphasized that Ripple seeks regulation, not deregulation, for its digital asset XRP, which it argues should not be classified as a security. The interview coincides with a surge in XRP's price, reflecting investor optimism about the crypto industry's future, particularly with potential political changes.
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