| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107339.9000000000 |
| ETH | $2495.0650000000 |
| BNB | $658.8717500000 |
| XRP | $2.2326420000 |
| ADA | $0.5728146000 |
| SOL | $153.9576000000 |
| DOGE | $N/A |
| DOT | $3.4067100000 |
| LTC | $86.6252000000 |
| LINK | $13.3216900000 |
Category: CRYPTO NEWS
The post Ripple to Pay $125M Fine to SEC, Potentially Offering Regulatory Clarity for XRP Market appeared on BitcoinEthereumNews.com. Ripple has agreed to pay a $125 million fine to the SEC, marking the resolution of a high-profile legal dispute that has significant implications for the cryptocurrency sector. This settlement brings much-needed regulatory clarity to XRP, potentially enhancing investor confidence and paving the way for broader institutional adoption. According to Brad Garlinghouse, Ripple’s CEO, the company is now focused on advancing its vision of the “Internet of Value” following the closure of this legal chapter. Ripple settles SEC lawsuit with a $125M fine, providing regulatory clarity and boosting XRP market confidence amid evolving crypto regulations. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Ripple and SEC Reach Settlement, Ending Years-Long Litigation The conclusion of Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) represents a pivotal moment for the cryptocurrency industry. Initiated in December 2020, the SEC’s lawsuit accused Ripple of conducting unregistered securities sales through its XRP token. After nearly three years of contentious proceedings, both parties have agreed to drop all appeals, with Ripple consenting to a $125 million penalty. This settlement was confirmed by Judge Analisa Torres, who denied Ripple’s request to reduce the fine. This resolution eliminates a significant source of regulatory uncertainty for Ripple and XRP holders. By settling, Ripple avoids prolonged litigation costs and potential operational disruptions, allowing the company to focus on innovation and growth. The SEC’s decision to cease…
2025-06-29T02:32:49+00:00