Ripple CEO Expresses Desire to Collaborate with New CFI Leadership
SEC
Ripple CEO Brad Garlinghouse expressed his strong desire to collaborate with the new leadership of the Securities and Exchange Commission.
Finance and US Stock Exchanges This statement has sparked speculation in the industry about the possibility of settling the case or even dropping it.
The lawsuit between the committee and Ripple.
👀Expectations of resolving the issue soon👀
According to legal analyst Jeremy Hogan, a settlement in the case could be reached by April or May.
However, procedural requirements may extend the expected timeline.
On the other hand, the current committee intends to make a final push to resolve the issue before a change in leadership occurs.
With the deadline for opening statements set for January 15, the committee may try to influence the course of the case.
At the last moment.
The impact of new leadership on the issue
Many industry insiders expect the new leadership to be more open and supportive of cryptocurrencies.
This potential change could create a more positive environment for Ripple and increase the chances of reaching a settlement or
Until the case is dropped completely.
If the case ends in Ripple's favor, it could open the door to approval of an exchange-traded fund.
Such a move could enhance its position in the market and contribute to supporting its market value.
Conclusion:
Ripple's case with the US Securities and Exchange Commission represents a significant turning point in the world of cryptocurrencies.
Ripple's success in the case will boost investor confidence, and open the door to new financial innovations such as exchange-traded funds.