XRP News: SEC vs Ripple Lawsuit Nears Settlement, XRP Price Reacts

The long-standing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs is reportedly reaching its conclusion, with the Ripple XRP SEC settlement now in its final stages. This development has caused significant movements in the XRP price, reflecting the market’s anticipation of the outcome.

SEC vs Ripple Lawsuit Update: XRP Price Reacts to News

The long-running XRP SEC lawsuit could be ending soon, according to Fox Business journalist Eleanor Terrett. Sources close to the matter say Ripple XRP SEC Settlement is in the final stages, but delays have come from Ripple’s legal team pushing for better settlement terms. The SEC had imposed a $125 million fine and a permanent ban on Ripple selling XRP to institutional investors, but Ripple is arguing that since the SEC is now withdrawing other crypto lawsuits, it should not face penalties based on past enforcement policies. Eleanor Terrett reported that both sides are in deep discussions.

Crypto Analyst Predicts XRP Price Crash to $1.5

A crypto analyst who correctly predicted XRP’s crash below $2 has provided a more comprehensive outlook. According to TradingView analyst ’MMBTrader,’ the XRP price is projected to dump below the $2 threshold and could crash to $1.5. As of now, XRP is trading at $2.2, reflecting a modest 3% increase in value in the last 24 hours. The cryptocurrency is gradually giving up gains, negatively impacted by the broader market downtrend and lack of bullish drivers.

Ripple Gains Full Approval to Offer Regulated Crypto Payments in Dubai

Ripple has received full approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in Dubai. This makes Ripple the first blockchain-enabled payments provider licensed by the DFSA, significantly expanding its operations in the Middle East. With its regional headquarters in Dubai since 2020, Ripple continues strengthening its presence in a region known for its regulatory clarity and fintech-friendly environment. The DFSA license enables Ripple to offer its global payment solutions to businesses in the UAE, reinforcing its role as a trusted partner for financial institutions looking to leverage blockchain technology for faster and more cost-effective transactions.

Ripple vs. SEC Showdown Potentially Nearing Settlement

Ripple’s legal battle with the SEC could conclude in days or weeks if both parties reach a private agreement. Many bettors and options traders anticipate XRP dipping below $2 by March-end. Despite the Trump-appointed SEC pausing or dismissing most crypto investigations started by the Biden administration, the Ripple [XRP] case remains on the active list. Fox Business journalist Eleanor Terret cited sources claiming that the SEC vs. Ripple case is wrapping up and could be over soon, with the only outstanding issue being Judge Analisa Torres’s ruling that fined Ripple $125M.