XRP News: Ripple vs SEC Concludes, XRP Set to Join U.S. Digital Asset Reserve with Upcoming ETF Launches

In a recent development, the legal battle between Ripple and the Securities and Exchange Commission (SEC) has come to an end, paving the way for XRP to be included in the U.S. digital asset stockpile. Ripple CEO Brad Garlinghouse provided insights into why XRP was not mentioned specifically in President Trump’s executive order, which focused on Bitcoin. Here’s a closer look at what this means for the future of XRP and the cryptocurrency market in the United States.

Ripple vs SEC Ends: XRP to Be Part of U.S. Digital Asset Stockpile, ETFs Launching Later This Year

The future of cryptocurrency in the United States has been a topic of increasing scrutiny. XRP, the digital currency tied to Ripple, has found itself at the center of this conversation. Ripple CEO Brad Garlinghouse offered details into why XRP was not specifically named in President Trump’s executive order for the U.S. digital asset stockpile, which focused on creating a strategic reserve for Bitcoin and others. Despite this exclusion, there are plans for XRP to be part of the U.S. digital asset stockpile, with ETFs launching later this year.

SEC Drops Ripple Case

Ripple CEO Brad Garlinghouse has revealed that the US Securities and Exchange Commission (SEC) has abandoned its appeal in its case against the company. Garlinghouse made the announcement at the Digital Assets Summit in New York, stating that the journey had been painful in many ways. He believed that Ripple was on the right side of the law and history. Garlinghouse criticized the SEC for attacking the industry, particularly in the Ripple case, noting that there were no victims or investor losses and that the SEC was not acting in good faith. The SEC had issued an initial notice of appeal in October against Judge Analisa Torres’s August ruling.

Ripple’s CEO Confident of XRP in U.S. Strategic Reserve, IPO Possible

Ripple CEO Brad Garlinghouse expressed confidence that XRP could be part of the White House’s proposed digital asset stockpile. He anticipates the launch of an XRP exchange-traded fund (ETF) before the end of 2025. This Optimism came after Ripple resolved its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC), which dropped its case against the company. Garlinghouse mentioned President Donald Trump’s executive order from March, which formalized the initiative for a Bitcoin strategic reserve and a crypto stockpile that could include XRP.

Bitnomial Drops SEC Case After Ripple Win, Set to Launch XRP Futures

After nearly four years of legal drama, the SEC’s case against Ripple has come to a close. The SEC, which initially filed the lawsuit in December 2020 over claims that Ripple’s XRP was an unregistered security, has now dropped its appeal, marking a major shift in the legal battle. Despite the SEC dropping its appeal, Garlinghouse clarified that the case isn’t fully over as a cross-appeal is still pending. However, Ripple is now in a stronger position to decide how to proceed. This decision has set a precedent in the industry.