The latest rumored candidate under Donald Trump’s upcoming administration to potentially replace SEC chair Gary Gensler has sparked a mixed reaction from the crypto community.
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The approval of spot Ether ETFs brings in “another line of defense for Bitcoin,” argues MicroStrategy founder Michael Saylor.
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The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023.
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In a recent interview with Bloomberg, Mike Belshe, CEO of crypto exchange BitGo, stated that the market structure needs to improve before the U.S. SEC will grant approval for Bitcoin ETFs.
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According to Ripple CEO Brad Garlinghouse, an appeal by the U.S. Securities and Exchange Commission would only reinforce Judge Torres’s decision that XRP is not a security.
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