Hester Peirce Says Ripple Case Closure Helps SEC Focus on Crypto Rules
TLDR
- SEC and Ripple ended their legal battle, allowing regulators to focus on crypto rules.
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Hester Peirce says SEC can now concentrate on creating clear crypto regulations.
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The Ripple case dismissal allows the SEC to focus on innovation in digital assets.
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SEC’s ruling on XRP sales brings clarity to crypto regulation in the US.
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have decided to dismiss their appeals in the ongoing legal battle. The move effectively ends the dispute, allowing the SEC to shift its focus from litigation to more proactive regulatory work. Hester Peirce, a prominent SEC Commissioner, emphasized that this change would allow the Commission to concentrate on developing a…
