Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Ripple Settles Years-Long SEC Dispute: What This Means for XRP
After more than five years of intense regulatory scrutiny, Ripple and the Securities and Exchange Commission have reached a resolution. On August 10, both parties filed a Joint Dismissal of Appeals, marking the formal conclusion of one of crypto’s most closely watched legal proceedings. The move comes as Ripple CEO Brad Garlinghouse has been advocating for regulatory clarity in the digital asset space.
The Settlement Details
The joint stipulation filed with the Court of Appeals represents a mutual agreement to end the dispute. Former SEC attorney Marc Fagel clarified that the dismissal is already official and public record—no additional announcement from Ripple’s leadership was required. He emphasized that Judge Analisa Torres’ original ruling will automatically take effect once the appellate court completes its administrative procedures. This means the legal framework established by Torres’ decision now stands as precedent.
Ripple’s Chief Legal Officer, Stuart Alderoty, confirmed the filing, reinforcing that the company views this resolution as a breakthrough moment for the industry.
What Changes Now
The resolution eliminates a major cloud of regulatory uncertainty that has hung over Ripple’s operations for years. With the lawsuit behind it, the company can now pursue business expansion strategies in the United States without the constant threat of additional legal challenges. This clarity opens doors for partnerships, product launches, and broader adoption of Ripple’s blockchain solutions.
Market Response
The market wasted no time reacting to the news. XRP surged approximately 11% on the announcement, reflecting investor confidence in the company’s future prospects. At current levels, XRP is trading around $1.85, though it remains down 1.44% over the 24-hour period as the broader market digests the implications.
For Ripple and its supporters, this settlement represents not just a legal victory, but a validation of the company’s regulatory engagement strategy during one of crypto’s most uncertain periods.