Hi friends, Ripple Chairman Chris Larsen Now claims it's time for Congress to take over cryptocurrency policy Chris claims Joe Biden's administration screwed everything up in regards to the crypto ecosystem with a failing regulator Your work is good and we honestly see it that way.
The SEC has done nothing but bother companies with a legal gray, a total lack of Clarity and has not been able to prevent scams or bankruptcies that have harmed hundreds of thousands of users, both the president of Ripple and I agree that Gary Gensler knows that the rules of the game are not clear And he takes advantage of that to go after anyone and invent the rules as the cases progress, he also stated that because of biden's policies they destroyed the opportunity for San Francisco to become the capital world of blockchain even with the reputation of the technology center of Silicon Valley.
For this reason, I have no doubt that the race will be won by Hong Kong, London, Singapore or Dubai, which are all set to become blockchain world capitals with clear regulations that protect consumers and that reward innovation and if we talk about Progress Regarding cryptocurrencies, we cannot fail to mention and of course I must forget El Salvador, the first nation to implement bitcoin as legal tender.
El Salvador, just two years after the approval of that law, according to the Central Reserve Bank, there are already 97 cryptocurrency providers a year and a half ago there were only 45. By April of this year, 80 and today 97, this growth translates In a sign that local and international companies recognize the adoption of bitcoin in the country, even so, a large part of the population is somewhat reluctant to use cryptocurrencies, but taking into account that total addiction is in a process of evolution. will increase.
Returning to the subject, the SEC continues from failure to failure and in its attempt to win a case it opts for the appeal, so to speak, there is no longer a stick to hang on to, despite the attempts to limit the use of cryptocurrencies on US soil, it is taking hold More strength as time goes by and many analysts and experts take it for granted that the Bitcoin ETF will be a fact, the SEC will have no choice but to approve it, they are only delaying the inevitable.
Although bitcoin has recovered 2% in the last 12 hours, it does not have clear support and there could be an early correction, so be very careful when investing, it is true that big moves are expected after a stable week in the markets. 26,000 dollars but normally it is usually downwards, let's hope that we can expect good news over the course of the weekend, for now invest wisely so that you obtain profits.
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Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto
Tendencias: El Salvador es punta de lanza para los que apoyan y los que rechazan a Bitcoin
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