XRP Ruling in SEC’s Ripple Lawsuit Means Congressional Legislation Is the Only Solution, Says Two US Lawmakers
Finanças A decisão do XRP no processo Ripple da SEC significa que a legislação do Congresso é a única solução, dizem dois legisladores dos EUA 2 minutos atrás Notícias do Bitcoin Ethereum The recent ruling in the U.S. Securities and Exchange Commissions (SEC) lawsuit against Ripple indicates Congressional legislation is necessary for the crypto space, according to two American lawmakers. In a new op-ed in The Hill, US Representatives Dusty Johnson (R-S.D.) and French Hill (R-Ark.) say Judge Analisa Torres decision about XRP “exposes the inadequacies in the current regulatory framework.” Torres ruled that Ripple‘s automated, open-market sales of XRP, referred to as programmatic sales, did not constitute security offerings, contrary to what the SEC alleged. Although, she favored the SEC’s claim that Ripples sale of XRP directly to institutional buyers constituted a securities offering. In their op-ed, Johnson and Hill criticized SEC Chair Gary Genslers previous assertions that every token besides Bitcoin (BTC) is a security. The Republican lawmakers point to their recent introduction of the Financial Innovation and Technology for the 21st Century Act as an effort to remedy the spaces current legislative blind spots. House Committee on Agriculture Chair Glenn Thompson (R-PA), who introduced the legislation along with Hill and Johnson, says the bill seeks to