The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may reach a resolution soon. This potential conclusion is influenced by the election of President Donald Trump, whose supportive stance on cryptocurrency might bring regulatory changes.
A legal expert indicated that there is still a possibility for the Ripple lawsuit to be either withdrawn or settled. This could happen if a new SEC leader, potentially appointed by Trump, favors digital assets.
The outcome of the case holds significant implications for Ripple and the broader cryptocurrency industry, about compliance and regulation in the digital asset space.
Source : coinpedia.org ↗