#CryptoComeback XRP becomes the only regulated cryptocurrency in the United States
In a revolutionary advance for the world of cryptocurrencies, the U.S. Securities and Exchange Commission (SEC) has presented an agreement with Ripple Labs, officially ending the SEC-Ripple saga and making $XRP the only regulated cryptocurrency in the United States.
The update, shared by CryptoBull on X, has shocked the crypto community and marked a historic milestone for Ripple and its native token, XRP.
After a prolonged legal battle lasting four years, Ripple Labs and the SEC finally reached an agreement to resolve the dispute. The controversy began in December 2020 when the SEC filed a lawsuit against Ripple, claiming that the company made an unregistered securities offering by selling XRP. Ripple strongly argued that XRP is not a security, leading to one of the most publicized and closely followed cases in the digital asset sector.
The agreement not only ends the lengthy litigation but also distinguishes XRP from other cryptocurrencies by granting it regulated status. Until now, XRP stands out as the only officially recognized and regulated digital asset by the SEC, setting a unique precedent in the changing regulatory landscape.
This regulatory clarity has far-reaching implications for the future utility and adoption of XRP. For years, the lack of clear regulation has hindered Ripple's growth in the U.S., and major exchange platforms have delisted XRP due to legal uncertainty. With the SEC's official stance now clarified, Ripple can confidently move forward with its vision of using XRP for cross-border payments and liquidity management without legal risks.