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US lawmakers have formally petitioned SEC Chair Gary Gensler to provide more precise regulations on digital assets like as Ethereum (ETH)
23 hours ago 1 min read

Lawmakers demand SEC clarity on ETH, pressing for definitive digital asset regulations

A coalition of Republican members of Congress, including influential heads of House committees, has formally petitioned SEC Chair Gary Gensler to provide more precise regulations on digital assets like as Ethereum (ETH) and their safekeeping by Special Purpose Broker-Dealers (SPBDs). The letter from the MPs on March 26 emphasizes the need of regulatory openness in order to facilitate compliance for enterprises operating in the digital asset industry. The letter emphasizes the SEC’s hesitancy to accurately classify assets, resulting in an ambiguous definition of “digital asset securities.” The request pertains to the categorization of Ethereum as a security or not, in

Ripple CEO Predicts 'Imminent' End to SEC Lawsuit
10 months ago 1 min read

Ripple CEO Says SEC Case Could End Soon

Ripple CEO Brad Garlinghouse said in a recent interview that he expects the company’s prolonged legal battle against the US Securities and Exchange Commission (SEC) to be over in weeks. In an interview with Mukaya Panich, the CEO of SCB 10X, Garlinghouse said he expects the court case resolution “in weeks, not months,” following the recent court news regarding the Hinman emails would be made public. The Hinman emails refer to internal communications involving a speech of former Division Director William Hinman in 2018, when he said that Bitcoin (BTC) and Ethereum (ETH) were not securities. The SEC has been