Скачать или смотреть The Key Takeaways For Ripple And XRP From The Gensler And SEC

These Are The Key Takeaways For Ripple And XRP From The Gensler Hearing
In this hearing, Davidson asked the most important question of the day for the XRP community: whether he believes XRP is a security.
Interestingly, Gensler refused to give a yes or no answer. Instead, the SEC chief said that the question of whether XRP is a security is currently in court, and that there are active discussions on the issue. “We are in court, and [there are] active discussion and litigation on that matter,” Gensler responded.
Certainly, a strong case for Ripple’s fair notice defense was made by McHenry, when he pestered the SEC chairman with numerous follow-up questions to get him to make a classification of Ethereum (ETH) as a security or commodity. The fair notice defense states that no one should be forced to “speculate on the meaning of laws.”

SEC Chair Gensler Gets Grilled by House Financial Services Committee Republicans
In a heated hearing on April 18, U.S. Securities And Exchange Commission (“SEC”) Chair Gary Gensler clashed with Republicans over digital asset regulation, highlighting the urgent need for clear crypto rules.
On April 18, 2023, Gensler testified before the House Financial Services Committee’s “Oversight of the Securities and Exchange Commission” hearing. The hearing showcased the growing tensions between the SEC and congressional Republicans, particularly regarding the regulation of digital assets and the need for clear rules to foster innovation and protect investors in the crypto market.
Before the hearing, Republicans on the committee, led by Chairman Patrick McHenry, sent a letter to Gensler criticizing the SEC’s approach to digital asset regulation. The Republicans accused the SEC of forcing digital asset trading platforms to register under the national securities exchange (NSE) framework, which they argued was an ill-fitting framework for digital assets. The letter emphasized the importance of developing clear rules for digital assets to foster innovation and protect investors while criticizing the SEC’s current approach as harmful to the digital asset ecosystem, consumers, and the economy.