• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Ripple Leaders Predict SEC Setback in Ethereum Securities Debate

SB Crypto Guru News by SB Crypto Guru News
March 25, 2024
in Ethereum
0 0
0
Ripple Leaders Predict SEC Setback in Ethereum Securities Debate


The US Securities and Trade Fee (SEC) has intensified its examination of Ethereum, inadvertently rallying the cryptocurrency group in opposition to it.

Ripple CEO Brad Garlinghouse confidently said that the SEC would finally lose its battle in opposition to Ethereum. In a put up on March 22 on social media platform X (previously Twitter), Garlinghouse highlighted that the monetary watchdog failed in its classification try of his firm’s XRP token and is more likely to face an identical end result in its efforts to categorise ETH as safety. He talked about that the SEC is partaking in disputes with the business and is experiencing vital losses in court docket battles. Moreover, they’re presently in battle with different regulators such because the CFTC, and are trailing behind worldwide counterparts.

Echoing Garlinghouse’s sentiments, Ripple’s Chief Authorized Officer Stuart Alderoty steered that the US Congress ought to halt funding for this “madness.”

SEC’s Investigation of Ethereum

Latest stories revealed that the SEC, led by Gary Gensler, is investigating entities related to Ethereum, such because the Ethereum Basis, in an try to classify ETH as a safety. This transfer sparked vital backlash from each the crypto group and US legislators, who expressed issues concerning the SEC’s aggressive stance towards the burgeoning business.

Paul Grewal, Coinbase’s Chief Authorized Officer, highlighted quite a few situations the place the SEC and its representatives have referred to Ethereum as a commodity. He pointed to statements from former high-ranking SEC official William Hinman, in addition to congressional hearings and testimony from Gensler earlier than his tenure as SEC chair, which indicated that the digital asset was not thought of a safety. Moreover, Grewal famous situations the place SEC legal professionals tried to attract comparisons between ETH and BTC.

Neighborhood Sentiments and Ripple’s Help

Notably, Ripple executives’ endorsement of Ethereum comes as sudden, given the historic friction between the XRP group and ETH. For years, XRP supporters have alleged that Ethereum obtained preferential therapy from the SEC as a consequence of its non-classification as a safety by former SEC official Hinman, arguing that this contributed to Ethereum’s widespread adoption and subsequent improvement.

Furthermore, previous damaging remarks about XRP from Ethereum co-founder Vitalik Buterin additional fueled animosity between the 2 initiatives.

Featured Picture: Freepik

Please See Disclaimer



Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesdebateethereumLatest News on CryptoLeadersPredictRippleSB Crypto Guru NewsSECSecuritiesSetback
Previous Post

Cathie Wooden Calls Bitcoin (BTC) a ‘Monetary Tremendous Freeway,’ Reiterates $1.5M Worth Goal

Next Post

WisdomTree Receives Approval for Digital Asset Enterprise in New York

Next Post
WisdomTree Receives Approval for Digital Asset Enterprise in New York

WisdomTree Receives Approval for Digital Asset Enterprise in New York

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
Bitcoin Lightning Is A Dead End, Says Former Core Dev Garzik

Bitcoin Lightning Is A Dead End, Says Former Core Dev Garzik

0
TRON DAO Joins EthCC as WAGMI Sponsor, Co-Hosts Events With MetaMask and Arkham

TRON DAO Joins EthCC as WAGMI Sponsor, Co-Hosts Events With MetaMask and Arkham

0
Senator Lummis Introduces Digital Asset Tax Legislation

Senator Lummis Introduces Digital Asset Tax Legislation

0
Ban on fossil fuel advertising and sponsorship to be debated by UK parliament – The Art Newspaper

Ban on fossil fuel advertising and sponsorship to be debated by UK parliament – The Art Newspaper

0
Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

0
Pepe indicators remain bullish despite losing 9%; check forecast

Pepe indicators remain bullish despite losing 9%; check forecast

0
Bitcoin Lightning Is A Dead End, Says Former Core Dev Garzik

Bitcoin Lightning Is A Dead End, Says Former Core Dev Garzik

July 4, 2025
TRON DAO Joins EthCC as WAGMI Sponsor, Co-Hosts Events With MetaMask and Arkham

TRON DAO Joins EthCC as WAGMI Sponsor, Co-Hosts Events With MetaMask and Arkham

July 4, 2025
Ban on fossil fuel advertising and sponsorship to be debated by UK parliament – The Art Newspaper

Ban on fossil fuel advertising and sponsorship to be debated by UK parliament – The Art Newspaper

July 4, 2025
Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

July 4, 2025
Polymarket bettors forecast 75% chance Bitcoin reaches 0k in 2025 as prediction volume jumps 30%

Polymarket bettors forecast 75% chance Bitcoin reaches $120k in 2025 as prediction volume jumps 30%

July 4, 2025
Pepe indicators remain bullish despite losing 9%; check forecast

Pepe indicators remain bullish despite losing 9%; check forecast

July 4, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.