By The Daily Hodl - 2 makore apfuura - Nguva yekuverenga: 3 maminetsi
XRP vs SEC: Here’s Why the US Regulator Targeted Ripple, According to Coin Bureau Host
A popular crypto analyst is laying out the possible reasons why the U.S. Securities and Exchange Commission (SEC) went after Ripple with a lawsuit.
Muvhidhiyo nyowani, Coin Bureau host Guy anoudza vanyoreri vake 2.03 miriyoni yeYouTube kuti mamwe akawanda mapurojekiti ekrispto anokwana chimiro che XRP but the SEC targeted the seventh-largest cryptocurrency due to the fact Ripple is based in the US.
"Izvi zvinoita kuti zvive nyore kuti SEC iende shure kana ichienzaniswa nemamwe mapurojekiti makuru e crypto akavakirwa kumwe kunhu. Chinhu ndechekuti SEC inoita kunge iri kutevera avo zvakare sezvakaburitswa nemhosva yavakashamisika vachipokana naTerra neMirror protocol mukupera kwegore rapfuura. Iyo SEC yakatevera makambani ekunze e crypto munguva yakapfuura zvakare. "
Muongorori anodaro Ripple’s deep pockets are also to blame for the lawsuit.
“The second possible reason is that Ripple has a lot of money and the SEC is trying to secure a sizable settlement that will make for good headlines and potentially be used to fund the expansion of its regulatory operations.”
If this were true, then the SEC would try and maximize settlements by going after many of the other projects with similar approaches to Ripple. Also, they’ve only issued $2.4 billion in crypto-related fines since 2013, which host Guy believes isn’t much, all things considered.
Anoti mukana wechitatu ndeyekuti SEC inoda muenzaniso wekutevera mamwe mapurojekiti e crypto.
"XRP ndeimwe yemakriptofity makuru kunze uko uye nekutora imwe yevarume vakuru, inotumira chiratidzo kune yese indasitiri. Chinhu ndechekuti SEC haina zviwanikwa zvekumhan'arira akawanda mapurojekiti e crypto. "
The fourth possible reason is “the threat of RippleNet,” the SWIFT payment system alternative that Ripple zvakasikwa.
“As far as I can tell RippleNet was actually seeing some adoption from financial institutions in select regions shortly after it launched in 2019. Given that the SEC likely first engaged Ripple in mid to late 2020, this suggests that it was a response to the threat of RippleNet rather than Ripple’s sales of XRP. It would also explain why the SEC waited so long to crack down on Ripple – but in truth, this timing could just be a coincidence.”
I
Tarisa Price ActionUsapotsa Kurohwa - Subscribe kuti uwane macrypto email macryt akaunzwa akananga kuinbox yako
Follow tiri Twitter, Facebook uye teregiramu
Surf Iyo Yemazuva Hodl Sanganisa
Tarisa Dzidziso Dzepamhepo Misoro
Disiki: Pfungwa dzakaburitswa kuThe Daily Hodl haazi mazano ekudyara. Vashandi vanofanira kuita kushingaira kwavo vasati vaita mari yakawanda-ine ngozi Bitcoin, cryptocurrency kana zvinhu zvemadhijitari. Ndokumbirawo kuti muzive kuti kuwedzeredza uye kutengeserana kuri panjodzi yako wega, uye chero kurasikirwa kwaungawana ibasa rako. Iyo Daily Hodl haikurudzire kutenga kana kutengeswa kwechero mari yemadhora kana zvinhu zvemadhijitari, uye iyo The Daily Hodl chipangamazano wezvekudyara. Ndokumbira utarise kuti The Daily Hodl inotora chikamu mukubatana kwekushambadzira.
Mufananidzo Uripo: Shutterstock/jovan vitanovski
The post XRP vs SEC: Here’s Why the US Regulator Targeted Ripple, According to Coin Bureau Host yakatanga kutanga Zuva Nezuva.
Original source: Zuva Nezuva