Key Notes

Ripple and the SEC have officially ended their four-year legal battle.

Judge Torres’ ruling that XRP is not a security in retail transactions stands.

Analysts say the legal clarity could pave the way for a BlackRock XRP ETF filing.

Ripple and the US Securities and Exchange Commission ( SEC ) have formally ended their legal dispute. Both parties filed a joint dismissal of all remaining appeals, bringing closure to a lawsuit that began in December 2020 and has stretched for over four years.

The agreement follows the SEC’s internal vote to drop its appeal, confirming that the Commissioners backed the move.

Following the Commission's vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals.

The end…and now back to business. ht

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