Ripple vs. SEC: What’s Next for Crypto Payroll Solutions?
What does the Ripple vs. SEC case conclusion mean for the crypto industry?
The conclusion of the Ripple vs. SEC case is highly significant for the cryptocurrency industry as it closes a nearly five-year-long legal battle. Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have formally dismissed their appeals, which indicates a change in regulatory conditions for digital assets. This legal saga, which commenced in December 2020, accused Ripple of running an unregistered securities offering by selling its XRP token. The resolution not only brings Ripple’s long-standing issues to an end but also sets a kind of legal precedent for how other cryptocurrencies might be treated in the future.
Expert Fred Rispoli pointed out that…
