by aria-ratings.com
February 27, 2026 at 20:11
SEC's Former Chairman's Apology Sparks Hope in Ripple Community
Ripple CEO Brad Garlinghouse made headlines today at the XRP Sydney 2026 event, revealing a surprising interaction with former SEC Chairman Gary Gensler.
According to Garlinghouse, Gensler privately expressed regret, stating, “I’m sorry… I was wrong,” during a meeting at the White House.
This revelation has sent shockwaves through the cryptocurrency community, particularly among XRP supporters who have endured a lengthy legal battle with the SEC.
Garlinghouse emphasized that “utility had won” and reflected on the importance of focusing on usability for the future of Ripple.
His statement suggests a potential shift in regulatory attitudes towards cryptocurrencies, particularly following the tumultuous legal period initiated by Gensler's SEC in 2020.
The lawsuit against Ripple led to a significant decline in XRP's price, impacting the broader cryptocurrency market.
As Gensler's term came to a close, the SEC began to adopt a different stance toward digital assets.
This recent acknowledgment by Gensler may pave the way for improved relations between crypto firms and regulatory bodies.
Many in the XRP community view this development as a new chapter, igniting optimism for the future of Ripple and its digital asset.
As the legal landscape evolves, the possibilities for innovation and growth in the crypto sector appear increasingly promising.
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