Ripple CEO, Brad Garlinghouse, has thrown his support behind Bitnomial, a cryptocurrency exchange, in their legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit aims to clarify the regulatory oversight concerning XRP futures contracts.
This move highlights the growing tension between cryptocurrency companies and regulators, particularly surrounding the SEC's stance on digital assets like XRP.
Garlinghouse and Bitnomial are pushing for clearer guidelines to ensure fair treatment of cryptocurrency futures in the regulatory space.
