Ripple CTO David Schwartz has compared SEC's handling of Ethereum to China's previous approach to Bitcoin
has drawn a comparison between the SEC's handling of Ethereum and China's past management of Bitcoin. This comes after Consensys, the developer behind the MetaMask wallet, indicated that the SEC is likely to close its investigation into Ethereum.Neil Hartner, a software engineer at Ripple Payments, added a touch of skepticism, suggesting that the closure of the investigation might be more about public relations than regulatory clarity.
Ethereum to Start Gaining Some Strength, Is XRP Finally in Uptrend? Shiba Inu May Still Hit $0.00002: Here's HowIn response, Schwartz drew a parallel between the SEC's actions and China's past behavior with Bitcoin. He noted that China used to alternately ban and unban Bitcoin, a tactic widely believed to manipulate the market for the benefit of Chinese oligarchs.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Qubic and Bored Ape Yacht Club Host Exclusive Crypto Event in Seoul
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