<ul><li>In a significant development for the cryptocurrency industry, Ripple Labs CEO Brad Garlinghouse announced that the US Securities and Exchange Commission (SEC) has officially dropped its case against the blockchain payments company.</li><li>Garlinghouse declared through a video that the case has ended, describing it as a "long overdue surrender" by the SEC.</li><li>The SEC had alleged that Ripple and its executives violated federal securities laws by raising over $1.3 billion through the sale of unregistered XRP.</li><li>As a result of the case being dropped, XRP is no longer viewed as a security under the Howey Test, paving the way for potential approval of XRP exchange-traded funds (ETFs).</li></ul>

BREAKING: Historic Win For Ripple, CEO Confirms End Of SEC Case

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