The United States Securities and Exchange Commission (SEC) is signaling an increasing focus on developing a clear cryptocurrency regulatory framework after ending one of the industry’s longest-running legal battles.
The data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/sec-ripple-drop-appeals-enforcement-action” title=”null”>SEC and Ripple Labs ended their almost five-year dispute after both parties filed to drop their legal appeals and bear their costs and fees, according to a data-ct-non-breakable=”null” href=”https://www.courtlistener.com/docket/69230851/64/securities-and-exchange-commission-v-ripple-labs-inc/” rel=”noopener nofollow” target=”_blank” title=”null”>filing last Thursday with the Second Circuit Appeals Court.
The case’s conclusion is a “welcome development” that ensures “minds once occupied with litigation now can…

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