
Breaking: SEC Chair Paul Atkins Reacts to Ripple vs SEC, Says ‘Chapter Closed’
After more than five years of legal battles, the high-profile Ripple vs SEC case has officially come to an end. The parties have filed a Joint Dismissal of the Appeals, marking the closure of one of the most discussed cases in the crypto industry.
A Long Chapter Ends
The lawsuit, which began in late 2020, accused Ripple of selling XRP as an unregistered security. Over the years, the case became a central talking point in debates about crypto regulation and the SEC’s approach to digital assets. The legal proceedings have now concluded, bringing relief to both Ripple and the broader crypto community.
SEC Commissioner Hester Peirce Welcomes the End
SEC Commissioner Hester Peirce, known for her more crypto-friendly views, posted on social media, calling the end of the case a “welcome development.” Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to the policy drafting table. Our focus should be on building a clear regulatory framework that fosters innovation while protecting investors.
Chairman Paul Atkins: Time to Focus on Policy
Following Peirce’s comment, SEC Chairman Paul Atkins responded in agreement. He said that the case’s conclusion should be seen as a turning point. “Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to the policy drafting table,” Atkins said.
Source: coinpedia.org