Pro-Crypto Congress Brings New Hope for Ripple (XRP) Amid Legal Challenges
The recent swearing-in of the 119th US Congress has brought a wave of optimism to the cryptocurrency community, particularly for Ripple (XRP). As the most crypto-friendly Congress in US history, this shift in political sentiment has the potential to reshape the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC).
Ripple, the company behind XRP, has faced significant challenges with the SEC, which claims that the company’s XRP token constitutes an unregistered security. The legal case has been a key issue for Ripple and has led to substantial market uncertainty. However, the new political climate in Washington is providing fresh hope for Ripple and its supporters, signaling…