SEC Resolves Crypto Lawsuits, Ripple Case Concluded: Implications for XRP and the Broader Crypto Landscape

The SEC’s decision to drop all its ongoing crypto lawsuits, including the case against Ripple Labs, marks a significant shift in US regulatory stance towards cryptocurrency. This pivotal outcome concludes an extensive legal battle that began back in December 2020. Ripple CEO Brad Garlinghouse hailed this as a ‘turning point for the crypto industry,’ emphasizing the positive implications for the sector’s future.