Ripple Labs’ Stuart Alderoty just celebrated their victory in the XRP case! 🎉 He praised CEO Brad Garlinghouse and Ripple’s legal team for their nearly four-year battle against the SEC. 💪
Alderoty emphasized how important the support of the XRP community, known as the XRP Army, was in strengthening Ripple’s position. 🙌 Their support helped spread Ripple’s message during this difficult legal process. 📢
The good news is that it has been confirmed that XRP is not a security when traded on the secondary market, which is certainly a breath of fresh air for the crypto industry as a whole. 🌬️ Ripple’s move could serve as an example for other digital asset cases in the future. 📈
In the midst of all this, there has been a major shift in the regulatory and political climate in the US. 🇺🇸 Gary Gensler will step down as SEC Chairman on January 20, 2025, the same day Donald Trump is inaugurated. 🗳️ Many are hoping that this change will bring about a more crypto-friendly policy. 🤞
With the appointment of the likes of Howard Lutnick and Scott Bessent to the Trump administration, there is renewed hope for the future of digital assets. 🚀 We’ll have to wait and see what happens next! 📅