Ripple CEO slams SEC on ’60 Minutes,’ calls for clearer crypto regulations – BitRss

• Ripple CEO calls for modern regulations that align with digital assets’ unique nature.
• FIT21 bill shifts crypto regulation from SEC to CFTC under Trump’s agenda.

The legal standoff between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to capture widespread attention, with fresh claims stirring further debate.

Amid ongoing disputes, rumors have surfaced alleging that the crypto industry’s expenditure on legal defenses is less in comparison to investor losses that occurred from frauds and market failures. 

Standing in defense against such controversies, Ripple [XRP] CEO Brad Garlinghouse recently shared his perspective on the same. 

During an interview on ’60 Minutes’, which aired on 8th December, Garlinghouse offered insights into the company’s relentless battle against the regulatory agency.

As expected, Garlinghouse did not hold back in his critique of the SEC, attributing the a…