Ripple Lawsuit Stalls SEC’s Crypto Strategy – What’s Behind the Delay?

The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has cast a shadow over the cryptocurrency market, particularly with regards to its regulatory approach. While the SEC recently settled ETF applications and closed some investigations, the case involving XRP remains embroiled in a complex legal process. Legal experts point to the upcoming decision regarding Ripple’s classification as a security as the primary reason for this delay, leaving the outcome of negotiations uncertain until then.