Brad Garlinghouse, the CEO of Ripple Labs, stated that his company is prepared to escalate its legal dispute with the U.S. Securities Exchange Commission (SEC) to the Supreme Court if necessary. He expressed his determination to fight the SEC case during an interview, stating that Ripple is committed to seeing the legal process through. Garlinghouse emphasized the need for the United States to establish clear regulations that promote crypto innovation while protecting consumers. He cited other countries such as Japan, Singapore, Switzerland, the United Kingdom, and Australia as examples of jurisdictions with effective regulatory frameworks that have fostered institutional adoption of cryptocurrencies. Furthermore, Garlinghouse revealed that an opportunity for a settlement had been presented but was subsequently revoked, which he viewed as a sign of Ripple’s advantage in the case. He criticized the SEC’s approach and called for the regulatory agency to be part of the solution.
AI Sentiment: Neutral