Quickly understand the history and background of various well-known coins

XRP news today: Ripple vs SEC Battle Ends, Paving Way for Clearer Crypto Regulations

Coin WorldSaturday, May 3, 2025 2:16 am ET

1min read

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has officially come to an end, marking a significant milestone for the crypto industry. The SEC dropped its final appeal in March 2025, concluding years of legal disputes. This resolution is expected to pave the way for clearer and fairer regulations for digital assets, as Ripple has already begun collaborating with lawmakers to draft new rules.

Ripple's Chief Legal Officer, Stuart Alderoty, confirmed the end of the lawsuit, emphasizing that the SEC's withdrawal of all crypto-related cases, including the one against Ripple, signifies a new chapter for the industry. The lack of clear regulations had previously led to confusion and unfair penalties for many crypto companies. Alderoty highlighted that the new regulations aim to protect consumers, ensure market safety, prevent bad actors, and support innovation, positioning the U.S. as a leader in global digital finance.

Ripple's Executive Chairman, Chris Larsen, met with the new SEC Chair, Paul Atkins, on May 2, 2025. Atkins, appointed under a more crypto-friendly administration, has expressed support for the industry's growth. This meeting is expected to bring further clarity about XRP's status and Ripple's role in the future of finance.

With the resolution of the lawsuit, there is growing excitement about the potential approval of an XRP ETF. According to the analyst's forecast, there is an 85% chance that an XRP ETF will be approved in 2025. This development is seen as a positive sign for the future of XRP and the broader crypto market.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.