Yahoo Finance recently ambushed Securities and Exchange Commission (SEC) Chair Gary Gensler on his recent Ripple v. SEC loss pertaining to XRP. He expressed a mixed response to a court ruling stating that Ripple Labs’s XRP token is not necessarily a security. Gensler also insinuated another 6 months of nothing but enforcement actions against the entire crypto industry. Meanwhile, Representative Ritchie Torres, D-N.Y., has penned his second letter to the regulator calling for an overhaul of crypto regulation.
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