The election of Donald Trump as US President in 2024 has reignited hopes for positive developments in the cryptocurrency world, specifically concerning the SEC v Ripple lawsuit. His recent win suggests potential regulatory changes that could benefit the crypto industry.
Legal experts from Ripple and its supporter base are exploring two potential settlement avenues that might emerge as a result of the Trump administration's intervention. The belief is that the new leadership could be more favorable towards Ripple's stance in the ongoing legal battle with the SEC.
This speculation arises from Trump's past statements and his government's potential inclination to foster innovation and industry growth in the crypto space. The expectation is for a more supportive regulatory environment which may expedite the resolution of the lawsuit.
