Binatikos ng upuan ng Ripple Labs si Biden, Gensler dahil sa pagiging screw up sa crypto
The United States legal system is set to bring the crypto industry “back in the game” after the Biden administration “screwed up” its crypto policy, says Ripple Labs chair and co-founder, Chris Larsen. Speaking to Bloomberg on Sept. 7 about his firms July partial victory over the Securities and Exchange Commission, Larsen argued the regulator lost on “everything that was important to [it] and important in the regulation of the industry.” “The U.S. screwed up here on crypto and blockchain policy. This is the beginning now through the courts, unfortunately instead of through regulators, to get that clarity and get us back in the game.” Larsen also commented on the latest court judgment in favor of Grayscale over its application to convert its Bitcoin (BTC) trust into a spot Bitcoin ETF, noting it “really admonished the SEC […] in a way that you dont really see very often.” I sincerely hope we‘re seeing the beginning of the end of the SEC’s policy of regulation by enforcement. The Courts are rejecting it, and now its time for Congress to take the lead on crypto policy. salamat @EdLudlow @teknolohiya for the chat! - Chris Larsen (@chrislarsensf) Septiyembre 6, 2023 Larsen argued the ruling was proof that SEC Chair