Ripple celebrates victory: SEC sets procedures after more than four years

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Ripple und der Fall gegen die SEC: Ein Wendepunkt in der Kryptowährungsbranche Nach über vier Jahren intensiven Rechtsstreits hat die U.S. Securities and Exchange Commission (SEC) beschlossen, ihr Verfahren gegen Ripple Labs einzustellen. Diese Entscheidung wurde von Brad Garlinghouse, dem CEO von Ripple, über das soziale Netzwerk X bekannt gegeben. Garlinghouse äußerte sich erfreut und bezeichnete diesen Moment als den lange erwarteten Wendepunkt für das Unternehmen. Die Auseinandersetzung zwischen Ripple und der SEC drehte sich hauptsächlich um die rechtliche Einstufung von XRP, dem nativen Token von Ripple. Die SEC hatte behauptet, dass XRP als Wertpapier betrachtet werden sollte und daher …
Ripple and the case against the Sec: A turning point in the cryptocurrency industry After more than four years of intensive legal dispute, the U.S. Securities and Exchange Commission (SEC) decided to set their procedure against Ripple Labs. This decision was announced by Brad Garlinghouse, the CEO of Ripple, on the social network X. Garlinghouse was pleased and described this moment as the long -awaited turning point for the company. The discussion between Ripple and the SEC was mainly about the legal classification of XRP, the native token of Ripple. The SEC had claimed that XRP should be viewed as security and therefore ... (Symbolbild/KNAT)

ripple and the case against the Sec: A turning point in the cryptocurrency industry

After over four years of intensive legal dispute, the U.S. Securities and Exchange Commission (SEC) decided to set their procedure against Ripple Labs. This decision was announced by Brad Garlinghouse, the CEO of Ripple, on the social network X. Garlinghouse was pleased and described this moment as the long -awaited turning point for the company.

The argument between Ripple and the SEC mainly revolved around the legal classification of XRP, the native token of Ripple. The SEC had claimed that XRP should be regarded as security and therefore falls under the regulations for securities offers. Ripple, on the other hand, argued that XRP is a virtual currency and does not meet legal requirements for securities.

The decision of the SEC to set the procedure could mean that Ripple can operate unhindered in the future, which has potentially positive effects on the entire cryptocurrency industry. Many experts see this development as a crucial step that could possibly create legal clarity for other cryptocurrency projects.

Overall, the setting of the procedure by the SEC could lead to a new chapter in the history of Ripple and the regulation of cryptocurrencies. The industry will observe how the situation develops and what effects this will have on the legal framework for digital assets.