Ripple for over two years US Securities and Exchange Commission (SEC) He continues his legal battle with them.
While Ripple executives and experts stated that the case has come to an end, Brad Garlinghouse, CEO of Ripple answered some questions about the case.
Attending the World Economic Forum Annual Meeting, Ripple CEO made an interview with CNBC.
Answering a question about the possibility of a deal with the SEC, Garlinghouse stated that they are always ready to deal.
“We are always ready to settle with the SEC, but this agreement must include the fact that XRP is not a security.
Because we believe that XRP is not a security and the SEC is unfair.
And as a matter of fact, it will be understood that XRP is not a security.”
SEC Chairman Gary Gensler Stating that he and his team have already expressed their views on digital assets, Garlinghouse said that Gensler and his team believe that almost all cryptocurrencies are securities.
Ripple Its CEO also stated that the company is in the final stages of reaching a conclusion in its case with the SEC.
In this context, Garlinghouse believes the case will be resolved in the first half of 2023, or at worst by the end of 2023.
Finally cryptocurrency Brad Garlinghouse, also referring to the regulations, said that he is optimistic that 2023 can see a breakthrough in crypto regulation in the USA.
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