Home Ripple Ripple Labs Wants to Limit SEC Sway Over Crypto as Legal Fight Rages – Bloomberg

Ripple Labs Wants to Limit SEC Sway Over Crypto as Legal Fight Rages – Bloomberg

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Ripple Labs Inc., which is locked in a bitter courtroom battle with the U.S. Securities and Trade Fee, has an unsurprising suggestion for Washington coverage makers: restrict the regulator’s position in policing cryptocurrencies. 

“The SEC’s method underneath the present administration has been hostile,” Stuart Alderoty, Ripple’s normal counsel, mentioned in an interview. The company is “doubling down on regulation by enforcement,” moderately than setting clear guidelines, he added.

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