Ripple XRP Appeal on Hold as SEC Ordered to Submit Report

The U.S. Court of Appeals for the Second Circuit has granted a stay in the ongoing legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, effectively pausing all proceedings. Both parties requested the appeal be put on hold, resulting in an official pause until a report from the SEC is provided. 60 days have been set for this report to provide valuable insight into the future of the lawsuit. 🔒 ⚖️ XRP Community closely awaits the SEC’s next status update and its potential ripple effects across the digital asset landscape.