In the works!
The legal dispute between the SEC and Ripple over the classification of XRP as a security could come to an end with the arrival of Donald Trump to the US presidency. The community is divided on the outcome of the case, but some experts, such as Chris Giancarlo, believe that the SEC will drop the lawsuit under the new administration.
The Ripple case is an important legal precedent for cryptocurrency regulation in the United States, as it establishes clarity on the regulatory status of cryptocurrencies and how the SEC should classify them.
The community is watching closely how the legal battle unfolds, especially with the possibility of a more favorable regulatory environment on the horizon. The SEC and Ripple have until January 15, 2025 to present their arguments in court.