The post Ripple Urges SEC for Clearer Crypto Rules, Proposes 3 Solutions appeared first on Coinpedia Fintech News
Ripple has recently reached out to the SEC, highlighting the need for clearer regulations in the crypto space. This comes after Hester Peirce, head of the SEC’s Crypto Task Force, sought public input on how to establish a clearer crypto taxonomy. Her request, titled “There must be some way out of here,” signals an effort to resolve the regulatory confusion caused by previous SEC leadership.
Ripple Urges To Clear Up The Confusion
Ripple responded by criticizing the SEC’s previous leadership under Gary Gensler. The company pointed out that the SEC’s past crypto guidelines were confusing, overly lengthy, and lacked solid legal backing.
Ripple highlighted that the previous SEC leadership seemed to create confusion in the market to cover up its failure to follow the law. To address this, it proposed three solutions to help the SEC clear up the confusion le
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