SEC’s Gensler ‘Disappointed’ by Part of Ripple’s XRP Judgement, Still Assessing Opinion

In response to a question that asked why the SEC seemed to regulate by enforcement instead of by rulemaking, like the European Union’s Markets in Crypto Assets (MiCA), Gensler said “we have done some rulemaking” including “notice and comment rulemaking” and “special purpose broker-dealer” licensing.