By J.W. Verret (January 6, 2022, 12:16 PM EST) — A resolution is expected soon in the U.S. Securities and Exchange Commission’s landmark case against the cryptocurrency company Ripple Labs Inc. over its sales of the XRP token. The SEC’s obtuse stance on crypto as represented by the Ripple case has caused much harm to this burgeoning industry.
Sen. Cynthia Lummis, R-Wyo., gets it and recently announced she plans to introduce a bill to clear away the uncertainty with new rules defining the boundaries of digital asset regulation, and that creates a new, specialized regulator for digital assets. Capitol Hill gridlock will likely delay the bill, but the thought leadership it represents…
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We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.