Coinspeaker
XRP Set to Explode? Ripple and SEC File Joint Request
American fintech firm Ripple and its cryptocurrency XRP are once again the center of attention in both legal and market circles amid a notable development in the legal battle against the United States Securities and Exchange Commission (SEC).
At press time, the cryptocurrency is trading at $2.02, up 2.83% on the day, with technical indicators hinting at a potential trend reversal, as per CoinMarketCap data.
Legal Clarity in Sight: A 60-Day Pause Toward Settlement
Ripple and the SEC have jointly filed a motion to place their respective appeals and cross-appeals in a 60-day temporary suspension, suggesting both parties are edging closer to a settlement.
According to the filing, the pause will give them time to finalize an agreement-in-principle that could resolve the lawsuit completely, pending approval from the SEC.
#XRPCommunity #SECGov v. #Ripple #XRP The parties have filed a joint motion to hold the appea
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