Ripple, U.S. SEC Seem to Agree On Not Taking Hinman Speech Seriously

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) seem to be on the same page about the documents known as the Hinman Emails: The former official’s past remarks shouldn’t govern current policy.

Despite the rush of attention this week on the insider deliberations that went into writing a five-year-old speech from William Hinman – the former head of the SEC’s corporation finance division – the agency’s past uncertainty over the status of ether (ETH) never amounted to formal commission-approved rules or guidance. So the dialogue over the ex-official’s one-time remarks may offer some insights, but it’s unlikely to move the needle on the agency’s crypto policy.

Source: Ripple (XRP), U.S. SEC Seem to Agree On Not Taking Hinman Speech Seriously