The crypto post: SEC vs Ripple (XRP)
crypto Ang crypto post: SEC vs Ripple (XRP) 28 minuto ang nakalipas Balita ng Ethereum ng Bitcoin After the recent victory of XRP (Ripple) against the SEC, some US congressmen have called for moving forward with the approval of new crypto regulation in the US. In fact, the so-called Crypto-Currency Act has been in the works since 2020, and a bill was submitted to Congress last year, but it is still stalled. The Crypto-Currency Act of 2020 has been renamed the Responsible Financial Innovation Act, and the bipartisan bill was introduced by Senators Cynthia Lummis and Kirsten Gillibrand, Republican and Democrat respectively. Crypto regulation: the request from congressmen after Ripples (XRP) victory against the SEC Senator Lummis herself commented on the Southern District Court of New Yorks ruling saying that it further reveals the need to pass the Responsible Financial Innovation Act. She was joined by House Financial Services Committee Chairman Patrick McHenry and House Agriculture Committee Chairman Glenn “GT” Thompson. The two House Republicans issued a joint press release stating that the New York court ruling underscored the need for Congress to provide clear rules for the digital asset ecosystem. Indeed, they also highlighted how this ruling provides greater protections for large institutional investors, compared to ordinary investors, saying that