gensler

#SECCryptoRegulation #gensler
Investment bank TD Cowen's research group noted that the latest approval of #Ethereum #ETFs✅ is an expected development following the approval of #Bitcoin❗ ETFs earlier this year.

The approval, which came nearly six months earlier than expected, was seen as inevitable after the SEC approved Ethereum Futures ETFs.

“After the SEC approved crypto futures ETFs, this decision was inevitable,” Jaret Seiberg, a member of TD Cowen's Washington Research Group, said in a note Thursday. He also predicted that the next product could be a “basket of crypto tokens” within a year, possibly consisting of just Bitcoin and Ethereum, but potentially more.

However, the approval does not indicate a change in the SEC's overall attitude towards crypto, according to analysts. Gary Gensler, the agency's crypto-critical president, issued a “highly critical” statement opposing the adoption of crypto legislation that could diminish his agency's power.
Investment bank TD Cowen's research group noted that the latest approval of Ethereum ETFs is an expected development following the approval of Bitcoin ETFs earlier this year.

The approval, which came nearly six months earlier than expected, was seen as inevitable after the SEC approved Ethereum Futures ETFs.

“After the SEC approved crypto futures ETFs, this decision was inevitable,” Jaret Seiberg, a member of TD Cowen's Washington Research Group, said in a note Thursday. He also predicted that the next product could be a “basket of crypto tokens” within a year, possibly consisting of just Bitcoin and Ethereum, but potentially more.

However, the approval does not indicate a change in the SEC's overall attitude towards crypto, according to analysts. Gary Gensler, the agency's crypto-critical president, issued a “highly critical” statement opposing the adoption of crypto legislation that could diminish his agency's power.
Gensler said:

“The crypto industry's track record of failures, scams, and bankruptcies is not because we don't have rules, or because the rules are unclear.

“This is because many investors in the crypto industry do not play by the rules.”

Despite potential setbacks for Gensler's agency, TD Cowen predicts the SEC will maintain its Democratic majority through 2026. The research group expects the agency to continue taking action against crypto trading platforms that trade tokens believed to be unregistered securities.

#Ripple 📅 October 15 | Washington, D.C.
In a statement that made headlines in the financial sector, Brad Garlinghouse, CEO of Ripple Labs, asserted that the United States will not return to the “hostile, anti-technology environment” that characterized Gary Gensler's regulatory era at the helm of the SEC. During an interview at the DC Blockchain Summit, Garlinghouse firmly stated that political change in Washington and the growing importance of digital innovation are redefining the relationship between the government and the crypto industry.
📖 In a defiant tone, Garlinghouse recalled the years of legal battles with the SEC, which sought to classify the XRP token as an unregistered security, a process that Ripple ultimately won in part in court. “That phase of persecution is over. The future is built through dialogue, not lawsuits,” he declared. His words come at a key moment, when the new US political and economic leadership appears to be leaning toward a more pragmatic pro-crypto policy, driven by the need to maintain global competitiveness against Asia and Europe.
According to the CEO, Ripple is expanding its institutional operations and exploring new partnerships with banks and financial institutions, especially in the field of cross-border payments. In his vision, blockchain infrastructure is no longer a promise, but an inevitable financial pillar. Garlinghouse also celebrated the fact that influential figures in Congress are pushing bills “that finally understand how the technology works, rather than treating it as a threat.”
The political backdrop is no small matter: the current administration seeks to attract technological innovation and private capital, while financial giants—from BlackRock to JPMorgan—are integrating blockchain-based solutions. Garlinghouse stated that “the regulatory pendulum has swung toward common sense,” a phrase that resonated with attendees as a symbol of a changing era.
However, not everyone shares his optimism. Some analysts warn that the coming months could bring an intense legislative struggle before the final regulatory framework for digital assets is defined. Even so, the market tone reflects hope: the XRP token rose 4% after his remarks, driven by the renewed climate of confidence.
Topic Opinion:
The time of regulatory hostility is over. Dialogue, innovation, and cooperation are now the true drivers of global financial development. But I also believe that this new chapter will require maturity and transparency from projects. It's not enough to celebrate openness: we must demonstrate that the industry has learned from its mistakes.
💬 Do you agree with Garlinghouse that the US has left its toughest crackdown on cryptocurrencies behind?
Leave your comment...
#Ripple #xrp #Gensler #BradGarlinghouse #CryptoNews $XRP
$BNB

Gary Gensler, who served as SEC Chairman from 2021 to 2025, continues to maintain a tough stance on the cryptocurrency industry. In an interview on September 17th on CNBC, he asserted that most tokens rely on “hype and market sentiment” rather than solid fundamentals, except for Bitcoin.

During his term, #Gensler became famous for his “regulation by enforcement” approach, bringing many high-profile lawsuits against exchanges like Binance and Coinbase, while classifying many cryptocurrencies as securities. He was also accused of participating in “Operation Chokepoint 2.0” – a campaign to indirectly tighten the cryptocurrency industry.