Ripple Labs Secures Major Victory Against SEC In Crypto Regulation
In a landmark shift in cryptocurrency regulation, the U.S. Securities and Exchange Commission (SEC) has dropped its appeal against Ripple Labs, marking a significant victory for the blockchain company and its CEO, Brad Garlinghouse. This decision, which comes amidst a wave of positive developments for Ripple and its native token XRP, solidifies XRP’s classification as not being a security, thus bringing clarity to an industry long fraught with uncertainty.
On March 7, 2025, U.S. President Donald Trump hosted the first-ever crypto summit at the White House, where major players in the industry, including Garlinghouse, gathered to discuss the future landscape of cryptocurrency regulation. In recent years, Ripple Labs…