Ripple pro lawyer John Deaton makes concerning crypto prediction RippleXRP XRPArmy XRPCommunity XRP $XRP XRPHolders
The White House published a statement titled"The Administration's Roadmap to Mitigate Cryptocurrency Risks" on Jan. 27."We have spent the past year identifying the risks of cryptocurrencies and acting to mitigate them using the authorities that the Executive Branch has."
"For example, Congress should expand regulators' powers to prevent misuses of customers' assets—which hurt investors and distort prices—and to mitigate conflicts of interest," the document further stated.The United States Securities and Exchange Commission has increased its clampdown on the cryptocurrency market under the leadership of chair Gary Gensler, who was appointed to the post in April 2021.
Gensler believes that nearly any other crypto token aside from Bitcoin could be a security, and has pursued some recent actions.
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