2024

David Vance

Coin

<ul class="news-points"> 
 <li><strong>A statement by attorney Paul D. Clement, shared by Ripple CTO David Schwartz, addressed the need for congressional action on cryptocurrencies.</strong></li> 
 <li><strong>Clement emphasized the complexity of cryptocurrencies as a “21st-century phenomenon.”</strong></li> 
 <li><strong>The key issue was who should regulate cryptocurrencies, with Clement questioning the SEC’s unilateral authority.</strong></li> 
</ul> 
<p>In a recent <a href="https://www.supremecourt.gov/oral_arguments/argument_transcripts/2023/22-451_7l48.pdf" target="_blank" rel="nofollow">argument</a> heard in the Supreme Court, attorney Paul D. Clement highlighted the need for congressional action to address <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" target="_blank" rel="noreferrer noopener">cryptocurrencies</a>. The statement, which was shared by Ripple CTO David Schwartz, came during oral arguments in the Supreme Court case of Loper Bright Enterprises et al. v. Gina Raimondo, shedding light on the ongoing legal debate over crypto regulation.</p> 
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   <p lang="en" dir="ltr">Meanwhile, at the Supreme Court today:<br><br>“I would think that the uniquely 21st Century phenomenon of crypto currency would have been addressed by Congress. And I certainly would have thought that would have been true in the wake of the FTX debacle. But it hasn't happened. Why…</p>— David "JoelKatz" Schwartz (@JoelKatz) <a href="https://twitter.com/JoelKatz/status/1747845441465782545?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 18, 2024</a>
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<p>Clement highlighted the unique and complex nature of cryptocurrencies, calling them a “21st century phenomenon”…</p>
<p>The post <a href="https://coinedition.com/supreme-court-hears-argument-for-congressional-action-on-crypto/">Supreme Court Hears Argument for Congressional Action on Crypto</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Supreme Court Hears Argument for Congressional Action on Crypto

Coin Edition

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