Regulators Signal New Era for Crypto With Ripple Case Closure

With the conclusion of the U.S. Securities and Exchange Commission (SEC) v. Ripple Labs Inc. litigation, a long-standing regulatory uncertainty surrounding XRP has been resolved. The case, which began in December 2020, reached a landmark turning point on August 7, 2025, when the SEC and Ripple agreed to dismiss all appeals before the U.S. Court of Appeals for the Second Circuit. The dismissal of appeals marked the final stage of the case, effectively ending a legal battle that had lasted over four years and dominated the cryptocurrency sector [7].

Under the terms of the resolution, the SEC also waived Ripple’s “bad actor” disqualification under Regulation D of the Securities Act, which had previously barred the company from raising…

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