Rep. Ritchie Torres Weighs in on Ripple's Partial Win, State of Crypto Regulation

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

“In my opinion, what we've seen from Mr. Gensler is not regulation. It's the weaponization of the SEC against the crypto industry,” RepRitchie says. “That, to me, is an abuse of power.” Watch more, presented by trondao:

In a letter to SEC Chairman Gary Gensler, Congressman Ritchie Torres wrote, "regulation by enforcement had a dreadful day in court," referring to the summary judgment issued by Judge Analisa Torres in the SEC v.

Ripple Labs decision.
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17Ripple’s victory, the first Bitcoin futures contract in Argentina, the former Celsius CEO was arrested, and other major news in regulation.
Source: Cointelegraph - 🏆 562. / 51 Read more »

SEC's Gensler 'Disappointed' by Part of Ripple's XRP Judgement, Still Assessing Opinion.SecGov Chair GaryGensler said he was “disappointed” with a district court's ruling in the Ripple XRP case regarding retail investors, but pleased with the order around institutional sales of the tokens. By amitoj
Source: CoinDesk - 🏆 291. / 63 Read more »