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<ul> 
 <li>Ripple’s legal victory marks a turning point in a three-year-long battle, shaping future crypto regulation.</li> 
 <li>The court’s decision determined that Ripple’s digital token, XRP, is not a security.</li> 
 <li>Ripple’s win sets a crucial precedent for the regulation of other crypto assets in the US.</li> 
</ul> 
<p>In a landmark decision that could shape the future of cryptocurrency regulation in the United States, Ripple has emerged victorious from a nearly three-year-long legal battle. Ripple’s CEO, Brad Garlinghouse, expressed immense gratitude for his team and the achieved outcome on Twitter, hailing the court decision as an “unequivocal win for Ripple and for crypto in the US.”</p> 
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   <p lang="en" dir="ltr">It’s been less than a week since the decision dropped, and I’m still overwhelmed with gratitude for (and hugely proud of) this team. <br><br>An unequivocal win for Ripple and for crypto in the US. <br><br>That’s the bottom line. <a href="https://t.co/l8AixV1xnO" rel="noopener noreferrer nofollow">https://t.co/l8AixV1xnO</a></p>— Brad Garlinghouse (@bgarlinghouse) <a href="https://twitter.com/bgarlinghouse/status/1681795192746115072?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 19, 2023</a> 
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<p>The verdict came almost three years after the initiation of a lawsuit by the Securities and Exchange Commission (SEC). The court’s decision on July 13 decisively determined that Ripple’s digital token, XRP, is not a security, a classification that would have subjected it to more stringent regulatory oversight.</p> 
<p>This pivotal victory not only absolves Ripple from the SEC’s allegations but also sets a crucial precedent for the regulation of other crypto assets in the United States. This decisive win against the SEC, the first of its kind in the industry, could influence the categorization of other cryptocurrencies, possibly mitigating future regulatory disputes.</p> 
<p>Looking ahead, the future of the Ripple network in the crypto space appears promising. With its recent legal victory and the growing community support, XRP’s future trading price could see a positive surge. This significant legal triumph signals a new era in crypto trading, making Ripple a potential game-changer in the crypto world.</p> 
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  <blockquote class="wp-embedded-content" data-secret="itpgftDiAT"> <a href="https://cryptonewsland.com/xrp-price-prediction-2023-to-2031/" rel="noopener noreferrer nofollow">XRP (Ripple) Price Prediction 2023 to 2031: Will XRP Price Hit 10X Soon?</a> 
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<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
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 <li><a href="https://cryptonewsland.com/us-court-sides-with-coinbase-is-this-the-end-of-secs-crypto-dominance/" rel="noopener noreferrer nofollow">US Court Sides with Coinbase: Is This the End of SEC’s Crypto Dominance?</a></li> 
 <li><a href="https://cryptonewsland.com/cryptos-future-in-the-us-relies-on-this-experts/" rel="noopener noreferrer nofollow">Crypto’s Future in the US Relies on This: Experts</a></li> 
 <li><a href="https://cryptonewsland.com/ripple-shows-trump-card-to-win-lawsuit-against-sec/" rel="noopener noreferrer nofollow">Ripple Shows Trump Card To Win Lawsuit Against SEC</a></li> 
 <li><a href="https://cryptonewsland.com/singapore-high-court-rejects-cryptocurrency-as-money-in-legal-dispute/" rel="noopener noreferrer nofollow">Singapore High Court Rejects Cryptocurrency as Money in Legal Dispute</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/celebrating-success-ripple-ceo-commends-team-as-court-triumph-transforms-crypto-governance/">Celebrating Success: Ripple CEO Commends Team as Court Triumph Transforms Crypto Governance</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Celebrating Success: Ripple CEO Commends Team as Court Triumph Transforms Crypto Governance

Crypto News Land

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