Stuart Alderoty expressed:  The SEC is making it up as it goes. Using “strategic ambiguity” and enforcement—or the threat of it— to advance its own jurisdiction rather than collaborate with other regulators, policymakers and market participants. When will the tactics stop?

Community Reaction:  Isn’t there anyone besides Congress who can stop the SEC for being a threat against crypto innovation which could save our country financially?

We all know the SEC is leveraging the dysfunction of Congress to do hip pocket regulation favouring banks while retail investor protection is just a talking point. There’s no “Pursuit of Happiness” without a free market.

The tactics won’t change because the SEC is an enforcement agency and collects $$ in fines. Shooting themselves in the foot isn’t smart. They thrive on status quo, ambiguities, confusion, scare tactics, to essentially extort $$. “Investor protection” is a great front.

Interesting so a restructuring of the SEC is needed. We need to reward innovation, and the SEC is completely against that. Why don’t we dissolve the current SEC to make a better more innovative friendly SEC.

We all know the SEC is leveraging the dysfunction of Congress to do hip pocket regulation favouring banks while retail investor protection is just a talking point. There’s no “Pursuit of Happiness” without a free market.

When we get summary judgment decision from judge that XRP is clearly not a digital security and does not meet Howie test 4 prongs. That’s when SEC start shaking in their boots, finish them off with “lack of fair notice” to win investment contract sales of XRP claim & SEC is down.

From your lips to Gods ears. But the US Government doesn’t play by the rules. Always a hidden ace up their sleeve.

America isn’t the world, if they chose to NOT adopt it and fall behind. It Will continue in the rest of the world anyway! That’s the point of blockchain. No single country/person/company can stop it. Majority wins.

The weather is more reliable than the SEC. Sure, if you want to regulate and want to separate the good from the bad there is a way. But not like this! It is bad for everyone, XRP has the ability to become the biggest crypto, seen in the perspective in world payments.

Don’t hold your breath. Just remember, Hester has seen what has gone on, and yet she chooses not to whistle blow. She is no better; she is merely placating us. Just my personal opinion.

How is it we’re unable to get one journalist to look at Gensler and say, “Answer directly…no mealy mouth blather. Why can’t digital asset participants receive direct answers and conclusive regulation? Just say why right now.”