The long -standing legal struggle between the US Securities and the Stock Exchange Commission (SEC) and Ripple has officially ended. The legal process was closed with the abandonment of both sides of appeal. This allows Ripple to accelerate the strategic moves in the US market and to evaluate growth opportunities in an environment where regulations become clear.
This development, which relieved Ripple’s legally hand, paved the way for the company to gain acceleration in parallel with its global goals. The disappearance of legal uncertainty is important in terms of achieving a more open and predictable regulatory framework not only the company but also the crypto currency sector.
The appeal was abandoned, the file was closed
Following the official withdrawal of the appeal in mid -March, Ripple waived his own cross appeal. Thus, the case was terminated with the mutual will of the parties. Ripple’s Chief Law Officer Stuart Alderoty said that the legal war is now behind and that the company’s energy will lead to forward strategic investments.
This case, which has been on the agenda both in the sector and in the legal community for a long time, started with the claims of SEC’s allegations of XRP through the definition of securities. However, during the process, both the court decisions and the views in the public began to take shape in favor of Ripple, and the end of the case increased the expectations.
Regulations and Strategic Expansion Plans
Ripple CEO Brad Garlinghouse criticized the approach of SEC President Gary Gensler in his statements after the trial. Garlinghouse reacted to the repression of the regulatory authority to suppress the market innovation of the regulatory authority with the words “SEC was on the wrong side of the Law under the Gensler. In particular, they stated that they expect a more open and constructive regulation understanding in the new period.
This new environment seems to play a critical role for Ripple’s expansion of its operations in the United States. The company’s attempt to purchase the Hidden Road for $ 1.25 billion in exchange for $ 1.25 billion points to the goal of being a pioneer in non -bank primary mediation services. With this move, Ripple aims to be more powerful into the traditional financial world and to expand the corporate customer base.
Strong return signal in the US market from Ripple
With the proceedings behind, Ripple aims to create new employment areas in the USA and to increase the customer portfolio. In particular, Stablecoin regulations and law proposals that reshape the market structure are on the company’s radar. Ripple plans to follow these developments closely and to increase its legal harmony and to expand its impact on the market.
In terms of crypto currency ecosystem, Ripple’s orientation was also positively welcomed throughout the sector. Great elimination of the uncertainty of regulation can pave the way for faster adoption of technological innovations and increasing investor confidence.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
