SEC’s XRP reversal “Win for Industry”: Ripple CEO

American securities and dismissions for the exchange of commission of his longtime litigation of the Ripple Laboratory Leader Blackscain network “industry”, said Ripple CEO Brad Garlinghouse on BlockWorks’ 2025 Digital Asset Suspit in New York.
Earlier 19. Marta, Garlinghouse discovered it would solve its legal action against Rippleending four years of litigation against Blocchain for alleged 1.3 billion unregistered securities in 2020 years. years.
“It feels like a victory of the industry and the beginning of the new chapter,” Garlinghouse said, said 19. March at the summit, who attended cointeller.
Ripple’s General Manager said the moment was transferred by the case against the Blokchain programmer. Source: Brad Garlinghouse
Related: SEC will fall appeal against Ripple, General Manager Garlinghouse says
Major turnaround
Release is the latest – and probably the most significant – a reversal according to Sec User President Donald Trum.
The Agency fell for charges against other cryptian companies, including coinbas, Kraken and Unisvap, for similar violations of securities law.
Under the former President Joe Biden, SEC has brought up 100 executive actions against cryptian companies, usually claiming the failure in properly registration of the product Former Garler SEC Shoed Garler He said he fell under the jurisdiction of a regulator of value.
Trump has taken a friendly attitude towards a flat industry, promising that America will make America “World Cast Capital” and appointment adapted to industrial leaders in key regulatory posts.
“The new chapter started with the reset and congress and executive authority (…) when the trump entered and nominated Paul Atkins, Scott Bessent, (i) brought to David bags,” Garlinghouse said.
Trump was nominated at the Atkins and the Bespissent to, ie the Department of Treasury, respectively. Sacks is a Trump artificial intelligence and “CRIPTO CZAR”, a newly created advisory role of the White House.
“I really thought that we would be on the right side of the law,” Garlinghouse told a long-term legal struggle with American regulators, adding that, in his opinion, eating “Colito industry in his opinion.
Now that regulatory transforms transitions, Ripple focuses on expansion, Garlinghouse added.
“Ripple invested over two billion dollars in investment and acquisitions across the crypt of landscape, and some of them have nothing to do with the CRP, basically, I believe that Ripple will manage well,” he said.
Journal: Classic Sega, Atari and Nintendo Games Get Cripto Bakeovers: Web3 Gamer
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2025-03/0195af3e-304f-7901-895b-82d0d1e2b75f
2025-03-19 20:32:00