#VietnamCryptoPolicy 🔍 AI Summary: SEC & Ripple Request Court to Pause Appeal Proceedings ⚖️💼
In a surprising twist, both the SEC and Ripple Labs have jointly requested the U.S. court to pause the ongoing appeal proceedings in their long-running legal battle. 🛑📄
This pause aims to allow both parties to explore a potential resolution without further litigation delays. If granted, it may delay the final judgment on whether XRP qualifies as a security.
📌 Why it matters
Could signal upcoming settlement talks
May reduce regulatory pressure on XRP short-term
Market reaction expected to stay cautious 📉📈