The Ripple versus SEC case may gain new momentum as Judge Analisa Torres is expected to make a ruling sooner than the scheduled August 15 deadline.
Legal Strategy and Timeline
Judge Analisa Torres may render a verdict in the Ripple case against the SEC faster than the 60-day pause in the appellate process, set until August 15. Legal expert Bill Morgan noted that the judge is unlikely to wait until August to resolve the motion, as further delays could complicate the final settlement process. Ripple aims to have the injunction lifted before any appeal decision is reached, enabling closure of the case on favorable terms.
Next Steps and Global Momentum
Should Judge Torres approve the joint request from Ripple and the SEC, Ripple is expected to pay a reduced fine of $50 million. This will be followed by motions to dismiss the active appeal and cross-appeal in the appeals court. Experts believe these steps may proceed swiftly if Judge Torres rules in the near term. Additionally, broader changes in crypto policy, including discussions between U.S. officials and Pakistan, may signify positive developments for international crypto adoption.
Regional Developments and Market Implications
In Asia, South Korea’s Financial Services Commission has submitted a roadmap for approving SPOT XRP and crypto ETFs, targeting a rollout in the latter half of 2025. These proposals may boost institutional interest in XRP, aligning with a growing global demand for regulated digital asset infrastructure and potentially influencing U.S. crypto policy significantly.
The Ripple-SEC case remains closely monitored; its outcome could substantially impact U.S. crypto regulations. A favorable ruling is expected to alleviate regulatory risks for other token projects and stablecoin issuers.
