Ripple's CTO David Schwartz has broken his silence, challenging claims that Ethereum is security and questioning very foundation of cryptocurrency regulations
Ripple's CTO David Schwartz has broken his silence, challenging claims that Ethereum is security and questioning very foundation of cryptocurrency regulationsHe emphasized that by approving the ETF, the U.S. SEC has officially confirmed that Ethereum is not classified as a security. The Coinbase head noted the exchange's role as the primary custodian for eight of the nine newly approved
However, this announcement sparked a contentious debate among some crypto community members. Some argued that ETH, following its network Merge upgrade, should be considered a security due to its staking model and the artificial inflation of its value. In this case, Ripple's Chief Technology Officer David Schwartz engaged in this debate, questioning the premise of Ethereum's classification as a security.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ripple CTO Breaks Silence on Ripple’s Plans to Increase XRPL DeFi AdoptionRipple CTO weighs in on Ripple’s plans to expand XRPL usage in the company’s own business to bring DeFi benefits to users
Read more »
Ripple CTO Enraged with FTX Customer Refund Issue: DetailsRipple’s top executive comments on a recently shared FTX case as the exchange rejected a withdrawal request
Read more »
Ripple CTO Shares Crucial XRP Ledger Upgrade AlertRipple CTO David Schwartz warns all XRP Ledger node operators
Read more »
Ripple CTO Breaks Silence on Coinbase SafetyRipple CTO David Schwartz reveals hidden dangers of storing your crypto in popular exchanges like Coinbase
Read more »
Ripple CTO Explodes XRP Army with Comment on Elon Musk’s X Big FeatureTop executive at Ripple has engaged the XRP community in a heated discussion about one of the key X features
Read more »
Ripple CTO Issues Critical AI Message to XRP CommunityRipple's high-ranking executive has sent message to XRP army, criticizing AI
Read more »