Ripple Writes to SEC, Proposes 3 Solutions to Resolve Crypto Regulatory Confusion
Leading blockchain payments company Ripple has written to the SEC emphasizing its stance on providing regulatory clarity for crypto.
Last month, Hester Peirce, the head of the SEC’s Crypto Task Force, requested public input on establishing clearer crypto taxonomy rules. Her request, titled “There must be some way out of here” suggests a desire to end the regulatory confusion created by the past SEC leadership.
Ripple Responds
In its response, Ripple criticized the past SEC leadership, particularly the one headed by Gary Gensler. The company emphasized that the SEC’s previous crypto guidance was overly confusing, long, and not backed by the law.
Notably, it echoed that the past SEC thrived on creating confusion for market…
