Ripple Nears Potential Legal Victory and Commodity Status Shift Amid SEC Battle
The simmering legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) may soon be drawing to a close, sparking murmurs across the cryptocurrency landscape. According to Andrew “AP_Abacus” Parish, a noted figure in the crypto community, two insiders from the SEC have hinted that the conclusion of the case could be imminent, potentially redefining Ripple’s future significantly. The ongoing case, initiated with the claim that Ripple’s XRP was an unregistered security, could witness a dramatic shift, with discussions possibly leading to XRP being classified as a commodity. This change would transfer regulatory … Read more