Good News for Ripple? Anti-Crypto SEC Commissioner Caroline Crenshaw Might Not be Renominated

TL;DR

  • Ripple supporters are optimistic about potential SEC leadership changes, including departures of anti-crypto officials.
  • Donald Trump’s nomination of pro-crypto advocate Paul Atkins as the next SEC Chairman fuels speculation that the agency may adopt a more innovation-friendly approach, possibly leading to a settlement in the case against Ripple.

The XRP Army Cheers the Rumors

Despite Ripple’s numerous partial court wins, the legal battle against the US Securities and Exchange Commission (SEC) remains ongoing. The tussle was close to a final resolution earlier this year when Federal Judge Torres ordered the company to pay a $125 million penalty for violating certain laws.

While Ripple was ready to abide by…

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