Ripple and SEC Reach Agreement, Seek to Dissolve XRP Injunction

In a significant move, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have requested the dissolution of the long-standing injunction barring Ripple from certain XRP sales. The request also seeks the release of over $125 million in escrow funds currently held pending this court case. This development marks a critical turning point in the ongoing legal battle between the two parties, shaping U.S. cryptocurrency regulations.