News View Non-AMP

Breaking: SEC Chair Paul Atkins Says XRP Lawsuit is Now ‘Chapter Closed’

Published by
Anjali Belgaumkar

After more than five years of legal battles, the high-profile Ripple vs SEC case has officially come to an end. The parties have filed a Joint Dismissal of the Appeals, signaling the closure of one of the most discussed cases in the crypto industry.

A Long Chapter Ends

The lawsuit, which began in late 2020, accused Ripple of selling XRP as an unregistered security. Over the years, the case became a central talking point in debates about crypto regulation and the SEC’s approach to digital assets. The legal proceedings have now concluded, bringing relief to both Ripple and the broader crypto community.

SEC Commissioner Hester Peirce Welcomes the End

SEC Commissioner Hester Peirce, often known for her more crypto-friendly views, posted on X (formerly Twitter), calling the end of the case a “welcome development.”

She wrote that with the litigation behind them, “minds once occupied with litigation now can concentrate on creating a clear regulatory framework for crypto.”

Chairman Paul Atkins: Time to Focus on Policy

Following Peirce’s comment, SEC Chairman Paul Atkins responded in agreement. He said that the case’s conclusion should be seen as a turning point.

 “Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to the policy drafting table,” Atkins said. “Our focus should be on building a clear regulatory framework that fosters innovation while protecting investors.”

What This Could Mean for the Crypto Industry

With the Ripple case resolved, industry experts believe the SEC and policymakers may now face greater pressure to clarify rules for digital assets. A move toward well-defined regulations could help reduce future conflicts between regulators and crypto companies, while also offering more certainty to investors.

The “chapter closed” remark from Atkins means that, at least from the SEC leadership’s perspective, the focus is now shifting from litigation to lawmaking, a change many in the industry have long called for.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Layer Brett Backed To 150x The Gains Of Solana and Cardano Combined Before 2026

The crypto space is abuzz with the launch of Layer Brett, a promising memecoin currently…

September 2, 2025

Wyoming Reserve Partners with Global Gold to Launch First Fully Allocated U.S. Gold On-Chain

Sheridan, Wyo., 2 September 2025 - Global Gold, the modern monetary infrastructure for the world’s…

September 2, 2025

Shiba Inu Weekly News: Can Shiba Inu Still Make Millions? SHIB Rival Pepe Dollar Makes Crypto Headlines

Shiba Inu (SHIB) has remained a household name in the meme coin universe, but in…

September 2, 2025

The Next Shiba Inu: New Meme Coin Nearing $0.0025 Could Transform $800 into a Million for Long-Term Holders

Meme coins have always been unpredictable, but occasionally, a new project makes people pause and…

September 2, 2025

XRP Price Set to Outperform Ethereum? Here’s Why

XRP is trading near $2.82, up about 2% on the day but down over the…

September 2, 2025

Major Pi Coin News, Urgent XRP ETF Update and The Meme Coin Causing Mass FOMO This Quarter

With Pi Coin News, an urgent XRP ETF development, and the Meme Coin Layer Brett's…

September 2, 2025