Gary Gensler Comments On The Court's Decision On The Ripple Case

JAKARTA - The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, will provide an exclusive interview on artificial intelligence technology and the crypto market on Monday, July 17. This interview became interesting after the controversial lawsuit decision between the Ripple Vs SEC which was recently handled by Judge Analysis Torres.

In the interview, Gensler will also answer questions about the rapid development in the field of artificial intelligence and the risks involved. Another interesting thing is that this will be Gensler's public address before his appearance before the Senate Allocation Committee on Wednesday, July 19, 2023. He will discuss the committee's review of the 2024 fiscal year budget for the SEC.

Gary Gensler, as Chair of the SEC, has been known for his firm stance on crypto and his 'forward and obedient' approach in dealing with it. He has sparked debate among crypto market players with his comments on XRP's classification of securities. However, a recent decision by Judge Torres which states that XRP is not a security, has changed the dynamics within the US SEC.

In the interview, Gary Gensler will be faced with questions from Yahoo Finance journalist Jennifer Schonberger, who has expertise in reporting developments in the crypto world. This interview is expected to provide further insight into Gensler's views on crypto and regulatory directions in the future.

Meanwhile, the US SEC will also face challenges in the coming months with a series of spot Bitcoin ETF applications from several financial companies. This development will be a focus for crypto market players and observers to see how regulation and oversight will affect the growth and adoption of crypto assets in the global market.