Ripple CEO Brad Garlinghouse Shares Insights on Ethereum (ETH) and Ripple (XRP) Developments
- Ripple CEO, Brad Garlinghouse, has made significant comments about Ethereum and XRP at an event in Las Vegas.
- According to Fox Business crypto journalist Eleanor Terrett, Garlinghouse stated that neither Ethereum nor XRP should be classified as securities.
- Garlinghouse criticized the SEC’s stance on cryptocurrencies, calling its chairman, Gary Gensler, ‘unethical’.
Ripple CEO Brad Garlinghouse challenges the SEC’s classification of cryptocurrencies and provides insights into the future of digital assets.
Garlinghouse Disputes SEC’s Classification of Cryptocurrencies
At a recent conference in Las Vegas, Ripple CEO, Brad Garlinghouse, made headlines with his bold statements about the classification of cryptocurrencies. According to Fox Business crypto journalist Eleanor Terrett, Garlinghouse firmly stated that neither Ethereum nor XRP should be considered securities. This directly challenges the SEC’s current stance, which classifies all cryptocurrencies, except Bitcoin, as securities that need to be registered with the SEC. The SEC has previously shown a more lenient attitude towards Ethereum, but recent developments suggest that it is reconsidering this position.
Garlinghouse Criticizes SEC Chairman
Garlinghouse didn’t stop at challenging the SEC’s classification of cryptocurrencies. He also criticized the SEC’s chairman, Gary Gensler, calling him ‘unethical’. This comment reflects the ongoing tension between the S... Read the full article for FREE at COINOTAG!
