Marc Fagel explains the possible effects of the delays in the ripple process on XRP-a step towards new opportunities?
Marc Fagel explains the possible effects of the delays in the ripple process on XRP-a step towards new opportunities?
delays in the ripple process: A look at the current developments
Marc Fagel, a former lawyer of the US Securities and Exchange Commission (SEC), has commented on the current delays in the ongoing process of Ripple. The argument between Ripple Labs and the SEC refers to the legal classification of XRP, the digital currency developed by Ripple.
fagel explains that the persistent legal disputes could be decisive for the future of XRP. An official dismissal of the procedure could mean that XRP releases the way for new developments and possibly a broader acceptance as a crypto-asset.
The legal processes around Ripple have strongly influenced the interest of the public and the crypto community. Clarification of the legal position of XRP could not only have an impact on Ripple itself, but also on the entire market for cryptocurrencies.
summarized it can be said that the situation around Ripple and XRP is still in focus and that the upcoming decisions could significantly influence future development in the crypto industry.
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