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SEC Drops Ripple Case After 4 Years: Sign of Clearer Crypto Regulations?
In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) has dropped its long-standing legal battle with Ripple [XRP], marking a significant shift in the regulatory landscape for the cryptocurrency sector.
The SEC’s sudden decision to dismiss all charges comes after an intense four-year court battle between both parties. According to Ripple’s Chief Legal Officer, Stuart Alderoty, this move signifies the Commission’s acknowledgment that it has failed to provide clear laws, rules, and regulations regarding cryptocurrencies in the United States.
Source: https://ambcrypto.com/sec-drops-ripple-case-after-4-years-sign-of-clearer-crypto-regulations/
