XRP News: Potential Agreement in Sight in SEC Lawsuit

The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) over the classification of XRP has taken a potential turn for resolution. Here’s what you need to know.

XRP Lawsuit: Potential Agreement in Sight

The XRP lawsuit between the US Securities and Exchange Commission (SEC) and Ripple might soon reach an agreement. According to Fox Business journalist Eleanor Terrett, two sources have indicated that the case could be over soon. The delay in reaching an agreement is due to Ripple’s legal team negotiating more favorable terms regarding the August district court ruling, which fined Ripple $125 million and prohibited it from selling XRP to institutional investors. Ripple’s team is pushing back, insisting that if the SEC’s new leadership aims to clean the enforcement slate for previously targeted crypto firms, Ripple should not be held to a judgment that may no longer be relevant.

Ripple Gets DFSA Approval – A New Era for Crypto in Dubai!

Ripple has secured approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payment services in the Dubai International Financial Centre (DIFC). This makes Ripple the first blockchain-enabled payments provider to receive such a license in Dubai, marking a big step for the company and a sign of crypto payments gaining recognition in global finance. With this license, Ripple can offer its digital payment solutions in the UAE, which has a fast-growing international trade market valued at over $400 billion. Cross-border payments are still slow and expensive, and lacking transparency, but Ripple aims to change that with faster and cheaper transaction solutions.

Franklin Templeton Files for Spot XRP ETF with CBOE

Franklin Templeton, which manages approximately $1.5 trillion in assets, has submitted a filing with the Securities and Exchange Commission (SEC) to list and trade shares of the Franklin XRP ETF under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares. This application was filed on March 13, 2025, and marks a significant development in the cryptocurrency space, coming after the approval of spot Bitcoin and Ethereum ETFs in the U.S. The XRP ETF application follows a trend of increasing institutional adoption of cryptocurrencies, with Franklin Templeton being one of the largest asset managers to explore this space.

SEC Delays Decision on XRP ETFs

The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision on whether to allow the launch of exchange-traded funds (ETFs) focused on XRP, the world’s fourth-largest cryptocurrency. This delay means that funds that allow investors to gain exposure to XRP’s price without owning it directly won’t be launching anytime soon. Such a regulatory milestone is regarded as crucial for catalyzing institutional interest in this altcoin.