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Gensler Gone, Crenshaw Out, RLUSD Live: Ripple vs SEC Final Showdown on Jan 15?
Recent events have cleared the clouds for Ripple as a series of developments may alter the trajectory of its ongoing legal battle with the Securities and Exchange Commission (SEC). The resignation of Gary Gensler, set to take effect January 20, coincides with the expected inauguration date of President-Elect Donald Trump. This surge in momentum has pushed XRP’s price to new yearly highs.
The Ripple team is also celebrating another milestone – the successful launch of RLUSD, which debuted on December 17. This significant development marks a crucial step forward for the company’s global growth aspirations.
Meanwhile, SEC Commissioner Caroline Crenshaw faced backlash from the crypto community due to her anti-crypto stance and was denied renomination by President-Elect Trump.
Source: coinpedia.org
