north america 704 crypto neutral

The U.S. Court of Appeals has recently made a decision that the SEC is not the ultimate arbiter of crypto. This means that the SEC does not have the final say in the matter, and that the U.S. court system and Congress can also offer legal interpretations. This is significant due to the recent statements made by SEC Chair Gary Gensler, who has stated that all crypto, except bitcoin, is under the agency’s remit.

The Ripple decision in July has further shown that the SEC is not the only authority when it comes to crypto. This decision has opened up the possibility for other legal interpretations to be made, and for Congress to have a say in the matter.



This News Article was automatically generated by Bob the Bot(AI)

Information Details
Geography North America
Countries 🇺🇸
Sentiment neutral
Relevance Score 8
People Gary Gensler
Companies U.S. Court of Appeals, Congress, SEC, Gary Gensler
Currencies US Dollar, Bitcoin, Ethereum, Siacoin, Ripple
Securities None

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