- Ripple drops its SEC cross appeal.
- Focus shifts to building the Internet of Value.
- SEC likely to end its own appeal soon.
Ripple has officially dropped its cross appeal in the case against the U.S. Securities and Exchange Commission (SEC), marking a significant turning point in the long-running legal conflict. This decision effectively signals the end of a major regulatory hurdle for the crypto company. CEO Brad Garlinghouse stated that this chapter is closed and the company is moving forward.
Refocusing on the Internet of Value
In his announcement, Garlinghouse emphasized that Ripple is now dedicated to realizing its original vision — the Internet of Value. This concept involves enabling real-time global transfers of money and digital assets with minimal friction. By leaving the legal battle behind, Ripple aims to innovate and scale its technology for financial institutions and cross-border payment systems.
SEC Expected to Follow Ripple’s Lead
Legal experts expect that the SEC will also end its appeal, leading to a full closure of the case. This would bring much-needed regulatory certainty for Ripple and the broader crypto industry. The absence of further litigation allows Ripple to redirect resources toward its product offerings such as RippleNet and On-Demand Liquidity (ODL), both crucial for the company’s future growth.
What’s Next for Ripple?
- A renewed focus on enhancing global financial infrastructure.
- Expansion of strategic partnerships to boost adoption.
- Greater innovation in blockchain-based payment solutions.
With legal distractions out of the way, Ripple can now work uninterrupted on bringing real-time value transfers to the mainstream.
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