Ripple CEO says the U.S. lacks regulatory clarity on cryptocurrency

CNBC2021-04-30

KEY POINTS Ripple CEO Brad Garlinghouse said the lack of clarity in U.S. regulation of cryptocurrencies is “frustrating.” Known for the cryptocurrency XRP, the fintech company has been caught in a ...

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Comments

dawuwei
2021-04-30
dawuwei
True
Linuss
2021-04-30
Linuss
Doing good
Veldora
2021-04-30
Veldora
Crypto is a new thing, they need times to come out with new laws
shaunlohloh
2021-04-30
shaunlohloh
Ya lor
baojia84
2021-04-30
baojia84
May XRP PREVAILS
- shaunlohloh:
  Hello pls reply for Ripple effect
Kalllll
2021-04-30
Kalllll
Nice
- dandan_4896:
  chan rak khun na !!!
- JJTee:
  kk
- Chwhy:
  Like pls ;)
- Hodl:
  Like and comment please
- WMIING:
  Like and comment back pls ty

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It is the only country on the planet that has said XRP is anything other than a currency,” he noted. “The SEC has said... XRP is a security. And so we’re now engaged in a court discussion. So far, I feel good about how that’s been going, but it’s certainly frustrating.”\nIn a complaint filed in December, the SEC said Ripple “created an information vacuum” when it did not disclose the offering to investors. The agency argues the company was required to share this kind of material information with investors because XRP can be considered an investment contract “under certain circumstances” and “therefore a security under the federal securities laws.”\nFinancial regulators globally are looking into how they should regulate the cryptocurrency industry.\nGarlinghouse downplayed the current scrutiny of cryptocurrencies, saying the industry should continue to focus on what these technologies provide to customers.\n“I think at the end of the day, the industry should focus on utility. And are these technologies solving real problems for real customers,” he said, adding that Ripple will continue to leverage its XRP ledger and tokens to make payments 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laws","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103600169","repostId":1109894805,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103854228,"gmtCreate":1619770654164,"gmtModify":1704272119495,"author":{"id":"3554971279962368","authorId":"3554971279962368","name":"shaunlohloh","avatar":"https://static.tigerbbs.com/d9417d251e570e152139797ec05b5914","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3554971279962368","idStr":"3554971279962368"},"htmlText":"Ya lor","listText":"Ya lor","text":"Ya lor","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/103854228","repostId":1109894805,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":103852396,"gmtCreate":1619770439015,"gmtModify":1704272116393,"author":{"id":"3552184499845368","authorId":"3552184499845368","name":"baojia84","avatar":"https://static.tigerbbs.com/d21f9fade527649c906c711d659fbf06","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3552184499845368","idStr":"3552184499845368"},"htmlText":"May XRP PREVAILS","listText":"May XRP PREVAILS","text":"May XRP 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effect"}],"langContent":"EN"},{"id":103824946,"gmtCreate":1619769883285,"gmtModify":1704272105913,"author":{"id":"3575187662973652","authorId":"3575187662973652","name":"Kalllll","avatar":"https://static.tigerbbs.com/79cdea0e5b00873b55af6be3c8af95c9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3575187662973652","idStr":"3575187662973652"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/103824946","repostId":1109894805,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4180904,"gmtCreate":1619770053304,"gmtModify":1680786340406,"authorId":3576232257279797,"author":{"id":3576232257279797,"idStr":"3576232257279797","authorId":3576232257279797,"name":"dandan_4896","avatar":"https://static.tigerbbs.com/d8b00e27a4dd6f248e38c3d78f21f188","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103824946,"type":1,"supId":0,"prevId":0,"content":"chan rak khun na !!!","text":"chan rak khun na !!!","html":"chan rak khun na !!!"},{"id":4180946,"gmtCreate":1619770302465,"gmtModify":1680786338509,"authorId":3573041231810814,"author":{"id":3573041231810814,"idStr":"3573041231810814","authorId":3573041231810814,"name":"JJTee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103824946,"type":1,"supId":0,"prevId":0,"content":"kk","text":"kk","html":"kk"},{"id":4180896,"gmtCreate":1619770021785,"gmtModify":1680786337522,"authorId":3579497803522415,"author":{"id":3579497803522415,"idStr":"3579497803522415","authorId":3579497803522415,"name":"Chwhy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103824946,"type":1,"supId":0,"prevId":0,"content":"Like pls ;)","text":"Like pls ;)","html":"Like pls ;)"},{"id":4180927,"gmtCreate":1619770169430,"gmtModify":1680786337284,"authorId":3579666066637422,"author":{"id":3579666066637422,"idStr":"3579666066637422","authorId":3579666066637422,"name":"Hodl","avatar":"https://static.tigerbbs.com/d591a82f579d3114da9795812a4217a0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":103824946,"type":1,"supId":0,"prevId":0,"content":"Like and comment please","text":"Like and comment please","html":"Like and comment please"},{"id":4180894,"gmtCreate":1619770010967,"gmtModify":1680786337153,"authorId":3554213821224025,"author":{"id":3554213821224025,"idStr":"3554213821224025","authorId":3554213821224025,"name":"WMIING","avatar":"https://static.tigerbbs.com/39217f40d9dc4a9a15fac00f34f63d83","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures 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