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SEC Commissioner Questions Crypto Enforcement, Ripple Wins Court Ruling, Bitcoin Price Surges
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SEC Commissioner Hester Peirce questions the SEC's enforcement actions against crypto companies, emphasizing the need for finding solutions rather than relying on enforcement. Ripple wins a significant victory in its case against the SEC, with the SEC planning to dismiss its claims against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen. Bitcoin surpasses $30,000 for the second time this week as investors anticipate a favorable court ruling that may increase the likelihood of an exchange-traded fund holding Bitcoin being approved.
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