Ripple and SEC Reach Settlement: Legal Proceedings to Halt

In a significant development in the ongoing Ripple vs. SEC lawsuit, both entities have reached an agreement to halt further legal proceedings. The case has been a prominent topic within the crypto industry for years, facing challenges and impacting Ripple’s native token XRP significantly. 2024 saw the US government shift its stance on cryptocurrency regulation under President Biden’s successor, signaling potential changes in how the industry is regulated.