Revealed: Ripple's Legal Brawl With SEC Could Cost About $200M
Per a statement by Garlinghouse, the U.S. is lagging compared to other countries in terms of crypto regulation. In addition, he claimed that the United States government is placing politics above policy. On the other hand, he applauded the progress which the United Arab Emirates (UAE) and the European Union (EU) have achieved in relation to their cryptocurrency regulatory framework. advertisement The Markets in Crypto Assets (MiCA) legislation for Europe is already going through due processes to facilitate its official launch. The MiCA bill seems to be the most sophisticated and comprehensive crypto market set of rules at this present time, according to CoinGape. As it stands, the law is yet to come into effect for crypto businesses and it is not yet certain when it eventually will. Ripple CEO Urges the U.S. to Define Crypto Regulation He attested to the fact that whenever he is approached by crypto entrepreneurs seeking advice, he tells them not to ...