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Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on 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 Sep. 7 about his firm’s July partial win against the Securities and Exchange Commission,

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Republican Lawmaker McHenry Demands SEC Chair Gary Gensler Explain How Prometheum Got Approval

The letters raise “serious questions” about whether the SEC championed Prometheum as a poster firm to represent Gensler’s position that no new laws are needed to regulate and police crypto in the U.S., just as McHenry’s committee was about to send digital assets legislation to the House floor. For its

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Ripple CEO questions SEC’s crypto jurisdiction as Gensler requests more funding

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ripple CEO Brad Garlinghouse has criticized the United States Securities and Exchange Commission’s (SEC) regulation by enforcement approach, questioning the agency’s crypto jurisdiction. Meanwhile, Gary Gensler, the chair of the SEC, has asked Congress for more

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SEC Chair Gary Gensler Cites ‘Wild West’ of Crypto in Case to Increase Agency’s Budget

The SEC employed 4,685 people in 2023, with roughly half focusing on enforcement and examinations duties, according to data Gensler shared in his remarks. The additional funding would help the agency add 170 positions to its teams, in addition to providing full-year funding for staff members hired in 2023, potentially

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SEC’s Gary Gensler believes AI can strengthen its enforcement regime

Gary Gensler, the chair of the United States Securities and Exchange Commission, believes staff at its agency could benefit from greater use of artificial intelligence.During a July 17 speech before the National Press Club, where he later broke his silence about the recent Ripple court ruling, Gensler listed several potential use cases

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