$CFX $BNB The case of the U.S. Securities and Exchange Commission (SEC) against Ripple and its digital currency XRP has important developments.

Dismissal of the Appeal: Ripple has agreed to dismiss its appeal against the SEC, leading to a reduction in the imposed fine from $125 million to $50 million.)

Approaching Final Settlement: Reports indicate that the case is nearing its end, with expectations of reaching a settlement in the coming months.

Impact on XRP Price: The XRP currency recorded gains of 2% after rumors emerged about the company's approach to an agreement with the SEC, reflecting investor optimism about the end of the case.

Overall, these developments suggest that the legal dispute between Ripple and the SEC is nearing its conclusion, which could open the door for Ripple to expand its operations and enhance XRP's position in the digital currency market.