#SECGuidance
The SEC has withdrawn its appeal against Ripple. XRP has exhaled.
This is not just a legal news — it's a wake-up call. The long and tedious case between the SEC and Ripple, which has dragged on since 2020, has suddenly taken a turn.
Judge Analisa Torres denied the SEC's motion for an interim appeal, as the regulator failed to provide compelling grounds for the review of the decision.
This refers to the very decision that recognized that sales of XRP on the secondary market do not constitute a securities offering.
What does this mean?
• Ripple can develop its ecosystem more freely.
• XRP has received important "rehabilitation" in the eyes of investors.
• This is an important precedent for the entire crypto industry — perhaps something is beginning to shift.
Of course, this is not the end of the story…
Do you believe in the future of XRP? $XRP
The SEC has withdrawn its appeal against Ripple. XRP has exhaled.
This is not just a legal news — it's a wake-up call. The long and tedious case between the SEC and Ripple, which has dragged on since 2020, has suddenly taken a turn.
Judge Analisa Torres denied the SEC's motion for an interim appeal, as the regulator failed to provide compelling grounds for the review of the decision.
This refers to the very decision that recognized that sales of XRP on the secondary market do not constitute a securities offering.
What does this mean?
• Ripple can develop its ecosystem more freely.
• XRP has received important "rehabilitation" in the eyes of investors.
• This is an important precedent for the entire crypto industry — perhaps something is beginning to shift.
Of course, this is not the end of the story…
Do you believe in the future of XRP? $XRP
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XRP
2.3664
-2.13%