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Let’s Look At The Aftermath Of The Ripple v/s SEC: $50M Settlement Marks New Chapter

  • Ripple Labs and the SEC have settled their legal battle, with Ripple agreeing to pay $50 million in fines.
  • The case was regarding the classification and regulation of digital assets in the US.
  • Ripple's CTO emphasized that the lifting of the injunction does not change Ripple's legal obligations.
  • Ripple plans to focus on increasing its American client base and working with banks on cross-border payment mechanisms.

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