Ripple CEO Brad Garlinghouse has expressed his concerns about the US Securities and Exchange Commission’s (SEC) regulation through an “enforcement” approach towards the crypto industry. According to Garlinghouse, the SEC’s enforcement approach is not a healthy way to regulate the industry and may cause the US to become less attractive to cryptocurrency companies. He added that the industry has already started moving out of the US, where the regulatory process is behind other countries such as Japan, Australia, Singapore, Switzerland, and the UK.
Source: https://cointelegraph.com
