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Breaking News: SEC has just shared simple rules on how cryptographic companies should follow American laws and what they have to say to the public. 
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Ripple Labs (XRP) and the Securities and Exchange Commission (SEC) of the United States have filed a joint request to suspend its calls and transversal calls for 60 days, bringing the long-standing saga closer to official settlement.
The joint request noted that Ripple and the SEC had reached an agreement in principle, pending the approval of the dry, to resolve the legal dispute, including the appeal of the dry and the appeal to the appeal of Ripple.
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The joint request of the United States dry and Ripple to interrupt calls to finalize the regulations
Be ready $ XRP
– Aonyx (@amonbuy) April 11, 2025
The deposit of yesterday (April 10) said: “A suspension would retain legal resources and parties while the parties would continue to continue a negotiated resolution of this issue.”
Dry vs. Ripple Labs was the most important legal dispute in the history of cryptography. It has been underway for almost five years, from which the regulation agency continued Ripple in December 2020 for the sale of XRP tokens, which, according to the regulator, had violated the federal laws on securities.
The case has drawn significant attention in the past five years, still in the eyes of the public. The main debate has always been focused on whether the Ripple native token, XRP, should be considered financial security.
After years of delays, the case experienced a significant change in favor of Ripple after Donald Trump’s victory in the presidential election. Since the inauguration of Trump in January 2025, the SEC has adopted a more favorable position on digital assets.
Since the beginning of the year, the SEC has abandoned the prosecution against several crypto companies, including Coinbase, Uniswap and Kraken.
Although the question of whether digital assets are titles were at the heart of the multitude of legal legal proceedings, the agency’s renewed management has pivoted to work to identify the cryptocurrencies that are not.
The SEC also announced last month that the pieces even are not titles. He stressed that those who act illegally or committed fraud would always be held responsible, the full force of the law brought against them.
– Brett (@brett_crypto_x) April 11, 2025
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The native token of Ripple Labs, XRP, increased by more than $ 2 on dry news, up 4% compared to yesterday’s stockings of $ 1.92 at its current $ 2.01 price per Coingecko.
Once the original news broke out in November 2024 that the SEC had abandoned its file against Ripple, XRP jumped more than 500%, from $ 0.5 to $ 3.31 in January 2025.
It was the news that the Ripple community has been waiting for almost five years, and the explosion of XRP prices was monumental. For years, XRP holders thought that the dry vendetta against Ripple eliminated the price, believing that it would have been a $ 100 token without legal problems.
To coincide with the news of the dry regulation, XRP is also the most likely to be the next Altcoin with a list of ETF Spot. As of April 8, 11 asset managers filed a list of ETF XRP lists. These include Bitwise, 21Shares, Grayscale and Franklin Templeton.
There were fears that XRP has trouble holding the level of $ 2 as if it were lost. There was no significant support before $ 1. Currently, $ 2 have held stable and several bullish catalysts are looking to propel it to these high levels of $ 3.3 of all time.
(Coingecko)
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After five years of legal problems, it finally seems a conclusion to The Ripple Vs. The dry saga is near
XRP returned above $ 2 after the news, with a lot of believer that $ 10 arrive next
11 of the largest asset managers in the world have now made a request for Spot XRP ETF products
The joint request for the file and the dry to suspend calls: XRP goes up above $ 2 appeared first on 99Bitcoins.