Ripple CEO: Cryptocurrency Market Has ‘Outsized’ Reaction to SEC Announcement

in ripple •  7 years ago 

This allows consumers to trade in tokens which are recognized as SEC securities. It has demonstrated an external response to the announcement of the U.S. Securities and Exchange Commission in the market. Brad Garlinghouse is the CEO of Ripple, a blocking company that oversees the $ 32 billion Ripple network. On 7th March, SEC has noted that this cryptic exchange

And digital asset trading platform must be registered with the SEC to run the infrastructure. Local business forums of this Japanese government have been penalized. SEC's announcement has been announced by MT Gox Trustees for selling this bitcoin on a large scale. Due to a significant drop in value among its other major cryptocurrencies, due to the three major factors, the cost of Bitcoin in its recent market correction has increased to $ 9,000.

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