Following Ripple’s multiple court victories against the United States Securities and Exchange Commission (SEC) in the case where the regulator was alleging illegal securities sales of XRP, the blockchain company’s CEO said winning in court was not enough.
Indeed, Brad Garlingouse believes that the company’s success against the SEC had still not done much to persuade some of the US-based banks that were on the fence about the cryptocurrency industry, as he told the attendees of the DC Fintech Week conference on November 8.
“They’re like, ‘Look, even though you won the case, the United States government is still hostile towards crypto, the OCC [Options Clearing Corporation] is hostile towards crypto.’ And until that changes, the banks in the United States are not going to engage meaningfully.”
Crypto policies in US vs. overseas
Furthermore, he shared his view that the SEC’s openly antagonistic attitude toward cryptocurrencies, particularly that of its chief Gary Gensler

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