ripple is faced with the breakthrough: SEC takes up restrictions and XRP may be sold to institutional investors

<p> <strong> ripple is faced with the breakthrough: SEC takes up restrictions and XRP may be sold to institutional investors </strong> </p>
ripple near the victory against the sec: XRP sales at institutions possible again
ripple is about to the final litigation with the US stock exchange supervision Sec. In a significant step, the authority returns $ 75 million of $ 125 million and eliminates central restrictions. This means that Ripple is again authorized to sell XRP to institutional investors.
progress in the legal dispute
Currently there are Ripple and the SEC in the last phase of their argument. The SEC keeps $ 50 million of the original punishment, while the rest goes back to Ripple. According to Ripple's chief lawyer, the SEC also plans to drop its appointment unconditionally. In return, Ripple will do without his counter -profession, which is also likely to abolish the previous standard order of the court.
Effects on the XRP market
A particularly interesting aspect for the crypto community is the possibility that Ripple could be entitled to sell XRP token to institutional investors. This would not only strengthen market liquidity, but also significantly increase potential for partnerships. Such a concession could even influence the chances of an application for an XRP ETF in the long term and re-infect the discussion about the status of XRP as security or raw material. The argument of classifying XRP as a raw material would be given additional weight.
The price development of XRP is already positive in the past week, with an increase of around 10 percent, even if the altcoin continues to fight $ 2.50.
In addition, the community expressed concerns about the low trade volume on decentralized exccation (Dex). However, the now agreed approval for institutional sales could give the market new dynamics.
The procedure in court is coming to an end and the Sec withdraws its lawsuit. This marks the end of an important enforcement measure by Gary Gensler, which has shaped the market for a longer period of time.
Overall, the upcoming end of the legal dispute could have far-reaching consequences for Ripple and the crypto market. The increasing clarification of the regulatory environment may attract new investments and partnerships, which could be of crucial importance for Ripple and the XRP course.