The SEC shocked everyone! Is the US government selling?!
The SECâs ongoing legal challenges with Ripple ($XRP) have created a lot of uncertainty in the crypto space. Recently, the US government got involved in the regulatory process, and this has raised concerns in the $XRP community about the potential impacts on its price. The US government, along with the SEC, is facing a long-running legal battle over XRPâs status as a security. Meanwhile, BlackRock and other major players are pursuing strategic opportunities in the crypto space, which could change the market dynamics.