The SEC’s first mission is to protect investors. Under Gary Gensler, the SEC clearly lost its way. He declared war on a technology.. It was an unlawful power grab…and the courts said as much.
By comparison, @SECPaulSAtkins is a breath of fresh air and sanity. He is a model of what leadership at the SEC should look like… he’s focusing on what matters - protecting investors and fostering innovations that help those investors and the markets.
🚨 BREAKING: MASSIVE WIN last night in Broken Arrow, Oklahoma! The City Council just REJECTED the massive Islamic Center construction, final vote 4-1 DENIAL!
Islam is NOT compatible with Western Values.
Another week, another crypto hit piece from the NYT. How many times are they going to write the same story (filled with half-truths and outright omissions of the facts) trying to justify the Biden Admin’s illegal War on Crypto?!
No mention of a Judge criticizing the prior SEC leadership for "failing to follow a faithful allegiance to the law," a different Judge finding the prior SEC’s actions were “arbitrary and capricious,” or a third Judge fining the prior SEC for outright lying to the court.
Where was the @NYTimes headline during the prior administration calling out their illegal attack on an industry?
This is not journalism. This is actively advancing a false and failed narrative.
HUGE news! @Ripple just received conditional approval from the @USOCC to charter Ripple National Trust Bank. This is a massive step forward - first for $RLUSD, setting the highest standard for stablecoin compliance with both federal (OCC) & state (NYDFS) oversight.
To the banking lobbyists – your anti-competitive tactics are transparent. You’ve complained that crypto isn’t playing by the same rules, but here’s the crypto industry – directly under the OCC's supervision and standards – prioritizing compliance, trust and innovation to the benefit of consumers. What are you so afraid of?