Ripple CEO Brad Garlinghouse has criticized the politicization of cryptocurrency in the U.S., stressing the necessity of a bipartisan approach and clear regulatory guidelines. He condemned the partisan divide in crypto innovation, particularly addressing Senator Elizabeth Warren’s characterization of cryptocurrencies as tools for illicit activities. Garlinghouse called for bipartisan cooperation to fully realize crypto’s benefits. […]
Tech Billionaire Michael Dell Calls Bitcoin Fascinating
Michael Dell, the founder and CEO of Dell Technologies, has expressed his fascination with Bitcoin on social media. Dell, who has a net worth of approximately $ 108 billion, shared a recent video of Blackrock CEO Larry Fink discussing bitcoin on CNBC. This move is significant as Dell’s endorsement could influence the tech and …
SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to enforce federal securities laws in the evolving crypto market. Grewal noted that the principles-based definition of securities from the 1946 […]
Congressman Calls for SEC Chair’s Dismissal Over ‘Regulation by Harassment’
House Majority Whip Tom Emmer has criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, accusing him of “regulation-by-harassment,” and calling for his dismissal. The congressman has consistently opposed Gensler’s regulatory practices, supporting legislative reforms for the SEC. He argues that Gensler’s approach undermines the securities regulator’s mission to protect investors and maintain orderly […]
Trump’s Crypto Aide David Bailey Calls out Reddit Bitcoin Mods on Censorship
David Bailey, CEO of Bitcoin Magazine and aide of the Trump presidential campaign, criticized the behavior of the moderators of r/bitcoin, a popular subreddit where bitcoin-centric news and issues are frequently discussed. On social media, Bailey called out these moderators, stating updates about President Trump assisting the Bitcoin 2024 conference in Nashville were censored. “Wild […]