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 <p>The U.S. Securities and Exchange Commission (SEC) has withdrawn its <a href="https://www.amundsendavislaw.com/assets/htmldocuments/SEC%20Lawsuit%20Against%20Cryptocurrency%20Company%20by%20SmithAmundsen.pdf" rel="noopener noreferrer nofollow">lawsuit against Ripple Labs</a>, the company behind the cryptocurrency XRP, as of March 25, 2025. This decision took place in Washington, D.C., changing the legal dynamics between the SEC and Ripple.</p>
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 <p>Ripple's legal battle attracted attention from the crypto industry, affecting market perceptions and investments. The SEC's dismissal could influence future regulations, already reflected through corresponding market activities across digital currencies.</p>
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<h2 id="sec-drops-charges-ripple-s-legal-clouds-clear">SEC Drops Charges: Ripple's Legal Clouds Clear</h2>
<p>The withdrawal marks a pivotal point in the ongoing legal saga between the SEC and Ripple Labs, highlighting regulatory challenges. Initiated in 2020, the lawsuit alleged XRP to be an unregistered security, causing <a href="https://www.sec.gov/newsroom/press-releases/2020-338" rel="noopener noreferrer nofollow">substantial market upheaval</a>.</p>
<p>The case involved major players, including Ripple executives Brad Garlinghouse and <a href="https://twitter.com/Nasdaq" rel="noopener noreferrer nofollow">Chris Larsen</a>, who contested the SEC's claims. The recent change reduces immediate legal uncertainties Ripple faced.</p>
<h2 id="xrp-surges-to-2-43-post-sec-dismissal">XRP Surges to $2.43 Post-SEC Dismissal</h2>
<p>XRP's market profile reflects significant market activity following the lawsuit dismissal. Data from CoinMarketCap highlights XRP's price at $2.43 with a market cap of $141.7 billion. The past week showed an 8.23% value increase, despite a slight dip in daily trading at -0.60%.</p>
<p>The legal reversal may energize technological adoption and financial operations, enhancing investor confidence. Previous regulatory barriers are now easing, potentially encouraging broader blockchain initiatives.</p>
<p>"This is it – the moment we've been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let's build." <a href="https://twitter.com/bgarlinghouse/status/1902345706636992720" rel="noopener noreferrer nofollow"></a></p>
<blockquote class="twitter-tweet"><a href="https://twitter.com/bgarlinghouse/status/1902345706636992720" rel="noopener noreferrer nofollow"></a>
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<h2 id="ripple-s-legal-win-insights-and-historical-parallels">Ripple's Legal Win: Insights and Historical Parallels</h2>
<p>The case's resolution mirrors prior instances where regulatory pressures influence crypto market trajectories. Ripple's situation is reminiscent of past incidents, like EOS's settlement, offering parallels for future regulatory strategies.</p>
<p>Insights from Kanalcoin suggest the SEC's concession might push regulators towards more nuanced cryptocurrency oversight. Historical precedents underline the necessity for <a href="https://www.sec.gov/about/divisions-offices/division-corporation-finance/framework-investment-contract-analysis-digital-assets" rel="noopener noreferrer nofollow">balanced regulation</a> to foster innovation while protecting investors.</p> <a href="https://www.kanalcoin.com/sec-drops-lawsuit-ripple-impact/" rel="noopener noreferrer nofollow">Read original article on kanalcoin.com</a>

SEC Drops Lawsuit Against Ripple Labs

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Kanalcoin

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