Ripple CEO Brad Garlinghouse criticized the Securities and Exchange Commission’s (SEC) regulatory approach, addressing it as a “war on crypto.” In his <a href="https://www-cbsnews-com.cdn.ampproject.org/v/s/www.cbsnews.com/amp/news/crypto-spent-big-money-to-reshape-the-political-landscape-60-minutes-transcript/?amp_gsa&#61;1&amp;amp_js_v&#61;a9&amp;usqp&#61;mq331AQIUAKwASCAAgM%3D#amp_tf&#61;From%20%251%24s&amp;aoh&#61;17337187681301&amp;referrer&#61;https%3A%2F%2Fwww.google.com&amp;ampshare&#61;https%3A%2F%2Fwww.cbsnews.com%2Fnews%2Fcrypto-spent-big-money-to-reshape-the-political-landscape-60-minutes-transcript%2F" rel="noopener noreferrer nofollow">60 Minutes interview</a>, aired on December 8, 2024, Garlinghouse asserted that the super PAC, FairShake, was formed to fight against the SEC’s anti-crypto stance. He reiterated his demand for clear regulations in the crypto space, urging Congress to establish a comprehensive framework.Emphasizing the protracted Ripple-SEC lawsuit, Garlinghouse stated that he hadn’t considered the XRP token as a security. He posited that XRP should not be treated like a stock and should be exempted from similar registration and disclosure requirements. He added that the securities laws enforced by the SEC are outdated, highlighting the necessity of introducing updated and convenient guidelines. His words echoed,“I went to Harvard Business School. I think I’m reasonably intelligent about something like, “What is a security?” So never once had I considered the possibility– that, “Okay, maybe XRP’s a security. We haven’t been asking to be deregulated. We’ve been asking to be regulated. So we have been saying, “Hey, look, just give us clear rules of the road.” <a href="https://cryptotale.org/garlinghouse-slams-secs-crypto-war-on-60-minutes-interview/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Garlingouse Slams SEC’s Crypto War on 60 Minutes Interview

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