Ripple Calls for SEC Clarity After Lawsuit, Impacting XRP Price

In a significant move within the crypto sphere, Ripple (XRP) has urged the Securities and Exchange Commission (SEC) to reconsider its regulatory framework following its recent lawsuit. Ripple’s official letter outlines its preference for adherence to existing legal guidelines rather than introducing unclear regulations. The firm believes that creating additional rules adds unnecessary confusion. Ripple’s proactive approach is resonating, particularly with XRP price dynamics as it gains renewed momentum and bullish signals are emerging. Analysts suggest this could lead to greater regulatory consistency, potentially influencing XRP pricing.