The crypto community has been reacting to news that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler labeled the leading cryptocurrency “Algorand (ALGO) as a security” in a lawsuit against cryptocurrency exchange Bittrex. Following that, crypto industry leaders, crypto enthusiasts, and the ALGO community have taken to Twitter to
Brad Garlinghouse, CEO of Ripple, expressed his “disappointment” with Securities and Exchange Commission (SEC) Chairman Gary Gensler’s recent remarks about the crypto regulations. Earlier today, Garlinghouse urged American lawmakers to pay attention and consider legislation for the cryptocurrency industry on Twitter. The SEC chair stated before the House Appropriations Committee
The U.S will not ban Bitcoin and cryptocurrency. Crypto adoption rises dramatically all over the U.S. The U.S to also become global leader for blockchain technology and Decentralized Finance (DeFi). We all would have surely heard of the saying ‘One’s downfall becomes the other’s strength’. And so, according to it,
