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Researcher Says Central Banks Will Greenlight XRP Once This Happens
A crypto researcher has sparked a heated debate within the digital asset community by stating that central banks will give their approval for Ripple’s XRP once a crucial milestone is reached. According to SMQKE, who took to Twitter to share his findings, the resolution of the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) will be a game-changer for the popular cryptocurrency.
In a bold statement, SMQKE emphasized that “once the Ripple v. SEC case is settled,” central banks and financial institutions will have the regulatory clarity they need to start utilizing XRP through the XRP Ledger. The researcher provided visual evidence to support this claim, stating that the outcome of the lawsuit would effectively greenlight the use of XRP for these entities.
This assertion has sparked a lively discussion among crypto enthusiasts, with some users expressing confidence in the prediction while others remain skeptical about its implications. One Reddit user, Kansas Liberty, argued that the key question is not whether the settlement will happen but rather when it will occur. They expressed patience and conviction in the outcome of this process.
Meanwhile, another community member, Max Strange, claimed that the case is already settled, as Ripple and the SEC have reached an agreement. Max further posited that the cryptocurrency’s non-security status has been confirmed by legal experts, paving the way for its widespread adoption in the financial sector.
In a related development, Judge Analisa Torres of the U.S. District Court recently denied the joint motion filed by Ripple and the SEC, ordering that it be terminated. This denial underscores the ongoing nature of the litigation process, with several steps still required to reach a final resolution.
Despite this twist, the community continues to show enthusiasm for SMQKE’s prediction regarding XRP’s future trajectory. The outcome of the Ripple v. SEC case remains a crucial factor in determining the cryptocurrency’s potential adoption by central banks and financial institutions.
Times Tabloid aims to provide informative articles for our readers, without providing financial advice. Readers are advised to conduct thorough research before making any investment decisions.
Source: timestabloid.com
