The U.S. Securities and Exchange Commission (SEC) has officially closed its lawsuit against Ripple after more than four years. Ripple's Chief Legal Officer Stuart Alderoty suggests that regulatory ambiguity contributed to the SEC's decision.
*Key Developments:*
- Ripple is actively shaping new crypto regulations.
- The company has increased its M&A activity and is reportedly negotiating a potential $20 billion acquisition of Circle, the issuer of USDC.
- The likelihood of XRP ETF approval has risen to 78%.
This significant development marks a new chapter for Ripple and the crypto industry.
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