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US Government Shutdown Threatens SEC’s Ripple Case – What’s Next for XRP?
The ongoing impasse in the US government has raised concerns about the potential impact on the Securities and Exchange Commission’s (SEC) Ripple case, which could have significant implications for Ripple’s native cryptocurrency, XRP.
As the January deadline approaches, legal analysts suggest that the SEC’s inability to meet the date may lead to a resolution of its long-standing case against Ripple. This development has raised expectations of significant relief for Ripple’s native cryptocurrency, potentially paving the way for a bullish price trajectory.
The US Securities and Exchange Commission (SEC) is preparing for a potential December shutdown as indicated in its operational status update. The SEC warns that “in the event of a government shutdown, our operations may be impacted.”
Readers are advised to conduct their own research and consult with financial advisors before making investment decisions.
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Source: www.crypto-news-flash.com
