The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have officially ended their nearly five-year legal dispute by jointly dismissing all remaining appeals in the XRP case. The 2023 court ruling stands: XRP sold on public exchanges is not a security, though some institutional sales were classified differently. Ripple agreed to pay a $50 million penalty, far less than initially proposed. The resolution has boosted XRP’s price and eased regulatory uncertainty, signaling a new chapter for the cryptocurrency and its adoption. Both parties will bear their own legal costs.
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