In the ongoing case between Ripple and the SEC, researcher SMQKE emphasizes that the final resolution of this conflict will significantly impact XRP's acceptance by central banks and financial institutions.
Legal Precedent and Its Significance
According to SMQKE, once the case reaches a final settlement, it will provide a clear signal for central banks and financial institutions to start utilizing XRP through the XRP Ledger. This viewpoint is supported by a visual stating that the lawsuit's resolution will offer the necessary regulatory clarity for safe XRP integration.
Community Opinions and Expectations
User Kansas Liberty agreed with SMQKE's statement, pointing out that the critical question is not whether a settlement will happen, but when. He expects this resolution by December 31, 2025, expressing patience and confidence in the process. Another user, Max Strange, claimed that the case is effectively already settled, with procedural aspects remaining for banks to fully adopt XRP.
Recent Legal Developments
Recent developments in the Ripple v. SEC case reinforce community expectations. U.S. District Judge Analisa Torres denied the joint motion filed by Ripple and the SEC for an indicative ruling, indicating that certain aspects of the case still need formal resolution. However, this does not alter the belief in the community that XRP should not be classified as a security when sold on secondary markets.
Thus, the ultimate resolution of the Ripple v. SEC case will be a pivotal moment that opens doors for XRP's use by central banks and financial institutions, potentially reshaping the landscape of the cryptocurrency space.
