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Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), expressed disappointment with the lawsuit filed against Ripple and the decision of the judge regarding this lawsuit. Gensler expressed satisfaction with the judge's decision that XRP was not an unregistered sale of securities. It was stated that the SEC is considering a legal way to appeal this decision. Gensler also stressed that the SEC often shows its stance through enforcement actions towards crypto markets. In his comments on the regulation of the crypto market, Gensler emphasized the importance of regulatory oversight for investor protection and stated that the crypto market needs more regulation than artificial intelligence technology.
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