The Paris Blockchain Week was last week, which saw the center of cryptocurrency policy and regulation move to Paris. Cointelegraph reported extensively from the ground and ran a series of interviews with some of the crypto industry’s captains who shared their thoughts on the state of regulatory affairs. For one, Binance’s Changpeng Zhao said that he was We are excited to see regulators adopt financial innovationUnderscoring the importance of crypto-friendly policies and calling them a significant trend in 2022. Bertrand Perez (chief operating officer for the Web3 Foundation) stated that there are still many policymakers who tend to favor crypto-friendly policies, including those in the European Union. Too fast for crypto regulationWithout being properly informed on the topic. Ripple’s Brad Garlinghouse even filled in the Blockchain Week crowd on the latest developments in the company’s court struggle against the United States Securities and Exchange Commission, which indeed saw some upside for the issuer of Ripple’s XRP.

Brad Garlinghouse CEO was happy to be in Paris An audience of Paris Blockchain Week attendees heard him tell them that he was happy in Paris. Ripple’s court battle with the SEC “has gone exceedingly well and much better than I could have hoped when it began about 15 months ago.” The cause for Garlinghouse’s jubilation was A decision of Judge Sarah NetburnConcerning documents that relate to a 2018 speech by William Hinman, who was the director of SEC Division of Corporation Finance. Hinman claimed that Hinman had said that at that point (BTCEther (ETH() are not securities. The SEC held during the Ripple trial that the speech reflected Hinman’s personal views and not agency policy. Then, the agency argued that Hinman’s speech reflected Ripple’s policies and not Hinman’s personal views, and so it wanted them shielded through deliberative process privilege (DPP) protection. The judge wrote, “Having insisted that it [the speech] reflected Hinman’s personal views, the SEC cannot now reject its own position.” What the SEC can do is appeal that decision within two weeks.