The latest interview by former SEC Chair Jay Clayton has received a disbelief response from Ripple CEO.
In the interview, Clayton appeared sympathetic to entrepreneurs who rely on the public to raise capital.
Former Securities and Exchange Commission (SEC) Chair Jay Clayton has made a statement that contradicts the actions of the Agency he once served. An excerpt of the interview with the Council on Foreign Relations, an American think tank, was shared by a renowned XRP influencer Crypto Eri. Accordingly, this has elicited a response from Ripple CEO Brad Garlinghouse.
With a sympathetic tone, Clayton stated that he commiserates with entrepreneurs who rely on the public to raise capital. He also expressed a sense of sympathy for retail investors who want similar opportunities.
With the crypto industry, the former SEC chair highlighted the frustration in the ecosystem, calling on regulators to make it easier for small and medium-sized companies to raise capital.
A lot of what you s
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