XRP News Today: XRP Gains as SEC Reevaluates Crypto Rules
Rescinding the guidance would be another boost for XRP and the broader crypto market. This guidance provided the SEC with the basis to target crypto-related firms.
SEC vs. Ripple: Appeals, Cross-Appeals, and Settlements
The review may facilitate an appeal withdrawal in the Ripple case. Ripple CEO Brad Garlinghouse recently announced that the SEC would withdraw its appeal challenging the Programmatic Sales of XRP ruling. However, until now, the SEC has remained silent on its appeal plans.
Following this, Ripple announced its cross-appeal withdrawal and settlement terms stemming from Judge Analisa Torres’ Final Judgment. Ripple Chief Legal Officer Stuart Alderoty shared details of the settlement. Both parties agreed to remove the…