{"id":11022,"date":"2022-05-23T11:26:56","date_gmt":"2022-05-23T11:26:56","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/wef-2022-ripple-ceo-reveals-he-visited-sec-several-times-before-lawsuit-struck\/"},"modified":"2022-05-23T11:26:58","modified_gmt":"2022-05-23T11:26:58","slug":"wef-2022-ripple-ceo-reveals-he-visited-sec-several-times-before-lawsuit-struck","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/wef-2022-ripple-ceo-reveals-he-visited-sec-several-times-before-lawsuit-struck\/","title":{"rendered":"WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck"},"content":{"rendered":"<div data-v-2a0745c6=\"\">\n<p>Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland.<\/p>\n<p>Garlinghouse, who also\u00a0occupies\u00a0a role as a member of the company\u2019s board of directors, commented on a wide range of topics, most notably the current status of regulation in the United States versus G20 nations.\u00a0<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>Ripple CEO Brad Garlinghouse. Source: Cointelegraph<\/em><\/figcaption><\/figure>\n<p>Emphasising the prudent necessity for regulatory frameworks which serve integral principles of \u201cclarity and certainty&#8221;,\u00a0Garlinghouse stated his belief that:<\/p>\n<blockquote><p>\u201cThe overwhelming majority of people working within the crypto industry are good actors that want to do right by regulators. But when the rules of the road aren\u2019t clear, it\u2019s very difficult to manage within that.\u201d<\/p><\/blockquote>\n<p>Later in the conversation, Garlinghouse revealed that he personally went to the U.S. Securities and Exchange Commission (SEC) office &#8220;four or five times in the years leading up to their decision to file a lawsuit,&#8221; stating that the Ripple associated asset XRP should be legally categorized security.<\/p>\n<p><strong><em>Related:\u00a0WEF 2022, May 23: Latest updates from the Cointelegraph Davos team<\/em><\/strong><\/p>\n<p>&#8220;It demonstrates how out-of-step the United States is with the G20\u201d, Garlinghouse argued, citing Switzerland, Singapore, the United Kingdom and Japan as nations that have more favorable regulatory environments for cultivating technological innovation.\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. Garlinghouse, who also\u00a0occupies\u00a0a role as a member of the company\u2019s board of directors, commented on a wide range of topics, most notably the current status of regulation in the United States versus [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-11022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/crypto\/wef-2022-ripple-ceo-reveals-he-visited-sec-several-times-before-lawsuit-struck\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. 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