Ripple Labs president Chris Larsen stated that Biden and Gensler failed over developments on the Ripple, Grayscale and SEC side.
Ripple Labs president and co-founder Chris Larsen stated that the US legal system and the Biden administration have made crypto policy bad. Securities and Exchange Commission in July ( SECReferring to their partial victory over Ripple and the industry, Larsen said that the regulatory agency has unsuccessfully carried out activities in the regulation of Ripple and the industry.
“Crypto and blockchain policy has become a mess!”
Arguing that the US has demonstrated an unsuccessful policy regarding the crypto industry and blockchain technology, Ripple Labs president and co-founder said the following about recent events:
“The US has messed up crypto and blockchain policy here. This is a start to getting that clarity, unfortunately through the courts rather than the regulators, and getting us back in the game. This is not America’s style. Gary Gensler’not to the decision making mechanism of , we must adopt clear rules of legislatures.”
