Ripple CEO Brad Garlinghouse has criticized the U.S. Securities and Exchange Commission (SEC) for its aggressive enforcement actions against the crypto industry, claiming that they have hindered innovation and failed to protect investors. Speaking at the Ripple Swell conference in Dubai, Garlinghouse called for a regulatory overhaul and a new framework that takes into account the unique characteristics of digital assets. His comments come after Ripple’s recent legal victory, where a judge ruled that XRP is not a security. Garlinghouse also highlighted a federal judge’s criticism of the SEC’s handling of a Bitcoin ETF application. He urged the government to adopt a more proactive approach to regulating the industry and called for the introduction of federal laws governing digital currencies. The next step in the Ripple-SEC case is the remedies discovery process.

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Information	Details
Geography	Middle East
Countries
Sentiment	negative
Relevance Score	1
People	Brad Garlinghouse
Companies	CNBC, U.S. SEC, Congress, Grayscale, Ripple
Currencies	XRP
Securities	None