$XRP Ripple and SEC shake hands and make peace! Is the crypto circle about to change? 🚀
Family, big news is here! After four years of litigation, Ripple (XRP) has finally settled with the SEC, and the entire crypto circle is in an uproar!
On May 9, Ripple and the SEC officially reached an agreement:
• Only pay $50 million, the remaining $75 million does not need to be paid
• No long-term injunction
• XRP will no longer be pursued by the SEC in lawsuits!
This is not just a simple "ceasefire"; it is a milestone for the crypto industry! Since the end of 2020, this battle has revolved around whether "XRP is a security" and has been chaotic, but it has finally come to an end.
What does this settlement mean?
1. The "legal hat" on XRP has finally been removed
2. The regulatory direction has become clearer
3. Other projects may also be able to "pay to settle", reducing regulatory risks
Although it is not a complete victory, this step has shown the crypto circle a glimmer of hope! Especially as U.S. crypto legislation becomes increasingly strict, reaching a consensus with the SEC is the way to survive for major projects ahead.
By the way: $SOL Chain's exclusive military dog coin Conan C0nan, awarded the "Hero Dog" medal by Trump, with a market value of less than 10 million, unique concept, don't overlook its potential! $BTC