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SEC Dropped the XRP Case—Ripple CTO Tells Us Why

  • The SEC has dropped the XRP case against Ripple signaling a shift in its crypto stance and opening opportunities for blockchain firms.
  • Ripple's Legal Officer attributes the SEC's withdrawal to unclear crypto regulations, paving the way for future collaboration with U.S. Congress to implement effective regulations.
  • Following the legal victory, Ripple swiftly expands by acquiring Hidden Road for $1.25 billion and bidding $5 billion to acquire Circle despite the bid being rejected.
  • The SEC's regulatory changes under new leadership and Ripple's aggressive expansion post-legal win are fostering optimism for clearer crypto regulations and innovation in the blockchain industry.

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