A Major Exchange Teases Gary Gensler and The SEC with a Viral Video

A Major Exchange Teases Gary Gensler and The SEC with a Viral Video

By Miles

14 Aug 2023 (about 1 year ago)

2 min read

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Gemini, a big US crypto exchange, has added XRP for trading and made a fun video joking about the SEC

Gemini, a popular US cryptocurrency exchange, added XRP for trading. With the announcement, they made a funny video about the US Securities and Exchange Commission (SEC).

The video showed XRP "winning" against the SEC. They even made a joke about SEC's leader, Gary Gensler, saying, “Earth is a Security.” Then, the video showed XRP going to the moon as a joke about the SEC's views.

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Bill Morgan, a lawyer who likes XRP, enjoyed Gemini's joke. He asked if Gemini and the SEC had past disagreements. 

Gemini’s leaders, Tyler and Cameron Winklevoss, have talked about the SEC before. They once disagreed with the SEC about XRP. The SEC also had issues with Gemini's other product earlier this year.

On their blog, Gemini shared that XRP is now on their platform. People can now trade XRP with US dollars and other money on Gemini's apps and website. 

Gemini gave more details on their blog. They said XRP is ready for trading on all their tools and website. People can keep their XRP in the Gemini app, but a special storage service for XRP will come later. They also mentioned that people can trade XRP with different types of money on their platform.

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