
Ripple CLO Says Caroline Crenshaw Is Bigger Problem for Crypto than SEC Chair Gary Gensler
As time winds down for the Senate Banking Committee to decide Crenshaw’s future, the stakes are high.
As time winds down for the Senate Banking Committee to decide Crenshaw’s future, the stakes are high.
Amid the ongoing regulatory tensions, Ripple continues to expand its influence within the financial technology space.
According to Alderoty, the SEC has just a measly 10% chance of winning the appeal. That is, if the regulator truly goes through with it.
The Senate voted 60-38 on the effort to overturn the SAB 121 policy.
Although the court says that the SEC acted “arbitrarily and capriciously, in violation of the APA,” it would still allow the agency to redeem itself.