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Ripple CEO Brad Garlinghouse Urges Law to Lock in SEC/CFTC Crypto Framework Rules
Ripple CEO Brad Garlinghouse said US crypto rules need legal backing, not agency guidance alone. He warned that codified law is needed to avoid another “weaponized Gensler moment.” His remarks followed joint SEC and CFTC guidance that classified 16 digital assets as commodities. Ripple’s CEO said clear law matters more than temporary policy shifts. Garlinghouse called the joint framework a “huge step forward” after years of enforcement-led regulation in the United States. He linked that period to former SEC Chair Gary Gensler. He said that record left many firms unsure about which assets were securities or ... (full story)
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