Ripple Warns New Crypto Bill Could Prolong XRP Legal Uncertainty
– Ripple’s General Counsel warns new U.S. crypto bill risks prolonging XRP’s regulatory uncertainty amid ongoing SEC legal battle.
– Proposed legislation could delay judicial clarity on XRP’s security classification, entangling Ripple in extended legal limbo.
– Ripple advocates for technology-neutral regulation acknowledging XRP’s payment utility without securities classification.
– Industry faces challenges balancing innovation protection with investor safeguards as XRP’s legal status impacts business operations.
– Ongoing court proceedings and evolving regulations leave XRP’s future uncertain in the broader crypto regulatory landscape.
