Ripple has decided to withdraw its cross-appeal in the current XRP lawsuit, a move that may significantly impact its future sales strategies. This step comes as Ripple anticipates possible lifting of US regulatory restrictions.
What Impact Will This Withdrawal Have?
By withdrawing its appeal, Ripple signals its intent to await a court ruling by Judge Analisa Torres. This pivotal decision could change how Ripple conducts sales to institutional clients, setting a new direction for its operations.
How Will Corporate Sales Adapt?
Ripple’s current sales practices are expected to undergo changes in response to demands from the US regulatory body. If the SEC’s earlier injunction is revoked, the company will likely have to reconfigure its approach to institutional partnerships, possibly leading to a new sales model.
The Future of Ripple Under New Regulatory Conditions
Experts emphasize that Ripple should move toward a more transparent sales model, which would enhance investor trust and ensure regulatory adherence. Adopting a new sales framework is vital for maintaining confidence among stakeholders.
Changes in Ripple's legal strategy could impact its operational activities, marking a significant moment for its future development.
