Ripple Case Stands Still: SEC Relaxes Appeal, Signaling Regulatory Shift

The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been put on hold after the Court of Appeals for the Second Circuit temporarily paused the appeal process. The move follows a joint request from both parties, with Judge José A. Cabranes officially granting an interim halt earlier this month. The SEC is now required to provide a formal update within two months detailing its position on the case.