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Muhammad Shahid rafique
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Ripple to return to US after SEC lawsuit After winning SEC case, Ripple CEO plans to work with banks and expand crypto payments under Trump-era policies. Ripple CEO Brad Garlinghouse says 95% of its clients are outside the US, but the business wants to grow in the US. The SEC abandoned its case against Ripple, a big victory for the business and the crypto sector. Ripple was sued by the SEC in December 2020 for its unregistered XRP coin. That case looks closed. The SEC refunded the $75 million penalties and dropped its appeal. XRP may now be sold to institutional investors without limitations. Garlinghouse stated, “This is the moment we've been waiting for,” praising the win. Ripple continues payments and securities activities despite U.S. legal issues. Garlinghouse feels the U.S. is important. With the legal veil gone, Ripple wants to build its American client base and lessen its overseas dependency. Ripple's growth matches crypto-friendly politics. Digital asset policies are growing during President Donald Trump's second term. Trump formed a Crypto Advisory Council, and Garlinghouse is allegedly considering joining. This boosts Ripple's U.S. aspirations. Another benefit comes from the OCC, which now permits U.S. banks and savings institutions to provide crypto and stablecoin custody without clearance. This shift followed criticism of Operation Choke Point 2.0, which targeted crypto firms too harshly. New regulations are making U.S. institutions more accessible to blockchain-based financial solutions. XRP allows Ripple to cooperate with banks on cross-border payments and digital asset custody. This invites new relationships and development. Ripple confronts tough competition. Most crypto payments are controlled by stablecoins like USDT and USDC. Even if the SEC has backed down, Ripple must cope with U.S. crypto rules' ambiguity. Overall, the litigation settlement allows Ripple to develop and concentrate on U.S. growth. #xrp
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