The post Ripple vs SEC Settlement Makes XRP the Sole Regulated Crypto in The U.S appeared first on Coinpedia Fintech News
Ripple Labs has nearly closed its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). As part of the settlement, Ripple will pay a reduced fine of $50 million, while the SEC officially acknowledges that XRP is not a security on public exchanges. This move positions XRP as the only clearly regulated cryptocurrency …