David Schwartz, the CTO of Ripple, expresses optimism about the US regulatory environment for cryptocurrencies. He believes that recent court rulings, particularly the one that cleared Ripple’s XRP token from being considered a security offering, indicate a shift in regulatory scrutiny. Schwartz acknowledges that Ripple’s case with the SEC had negative consequences for the company, but he believes that the wider industry is now facing similar scrutiny. He also suggests that US judges are becoming more skeptical of SEC cases and that companies standing up to the regulator will benefit the entire industry.
AI Sentiment: Positive
