Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have agreed to pause the appeals process in their current legal battle. A crucial court ruling is anticipated.
Request for a Pause in Legal Proceedings
As of late June 2025, Ripple and the SEC have jointly requested a temporary hold on the appeals process. This decision is pending a court ruling to modify initial penalties imposed on Ripple.
XRP's Regulatory Status Changes
The temporary suspension of the legal battle highlights the potential impact this case may have on XRP's regulatory status in the United States, which could change market perceptions of the cryptocurrency.
Impact of Previous SEC Cases on XRP
Ripple's case echoes precedent settings such as Ethereum’s exclusion from being classified as a security. This could significantly influence cryptocurrency classification and market regulation. Former SEC official Marc Fagel states, "It's not a deadline. The judge can rule at any time."
Thus, the anticipated court decision may significantly affect the future of XRP and regulatory practices in the cryptocurrency industry as a whole.
