Ripple expects the SEC lawsuit for XRP to be completed next year, says CEO: We see pretty good progress-regulation

ripple’s CEO is hopeful that the complaint of the SEC has ended xrp will be completed next year

ripple CEO Brad Garlinghouse discussed the lawsuit about xrp from the US exchange regulator in an interview with an interview with CNBC on Monday.

Garlinghouse said he expects the lawsuit to be concluded next year and stated:

We see pretty good progress despite a slow court procedure.

"We clearly see the judge's good questions. And I think the judge realizes that this is not just about ripple. This will have a far -reaching effects," Ripple Executive added.

The SEC sued Ripple, Garlinghouse, and co-founder Christian Larsen in December last year and claimed that they had sold the value of $ 1.3 billion XRP token in a non -registered securities offer. However, ripple and the managers argue that xrp should not be regarded as security.

In the middle of the lawsuit with the sec, ripple published as Suggestion for a regulatory framework for cryptocurrencies last week named last week "A Real Approach to Cryptocurrency Regulation". Garlinghouse explained that the proposed political framework is a three -track approach, which can now be done, ”and found that he“ direct interactions with regulatory authorities and non -partisan political decision -makers ”. The Ripple CEO has repeatedly said that the SEC gave Cryptor regulation.

Garlinghouse is not the only one who the sec v. Ripple Fall is making good progress. In October the CEO of the Coinbase cryptocurrency exchange listed on the Nasdaq, Brian Armstrong said that the Sec v. Ripple Fall "seems to be to be" runs better than expected . " Coinbase Delisted xrp in January, shortly after the sec your lawsuit against ripple and the two managing directors.

What do you think, the result of the SEC lawsuit is against. be? Ripple and its managers about xrp ? Let us know in the comment area below.

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