Ripple’s latest update on its legal battle against the SEC not only reinforces its consistent stance that the facts and law were in its favour, but it also reflects a possible recalibration of how the regulator approaches enforcement in the crypto sector.
Taken together, this marks a historic milestone for the broader crypto industry in terms of regulatory development. These actions by the SEC also suggest a more constructive regulatory approach may be taking place in the US, one that prioritizes legal clarity over prolonged court battles.