Ripple's appeal, which could end the case!
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📈 The most important news:
* The U.S. Securities and Exchange Commission (SEC) is expected to deliberate today, August 7, on Ripple's decision to withdraw its appeal in the lawsuit.
* This action is considered a critical step toward ending the long legal battle between the two parties.
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💡 What does this mean?
* Ripple's decision to withdraw its appeal, and the expectation that the SEC will do the same, indicates that the case may be nearing its end after years of dispute.
* If the SEC accepts the withdrawal of the appeal, it will affirm the court's ruling that XRP is not a security when traded on public exchanges, providing crucial regulatory clarity for the currency.
* This development could end the legal uncertainties that have surrounded XRP for years and pave the way for broader adoption of the currency, possibly opening the door for XRP ETF funds.
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❓ Do you think the SEC's acceptance of the withdrawal of the appeal will permanently end the debate over XRP's legal status?
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