A court ruling in 2023 found that XRP sales to institutional investors violated securities laws, but retail sales did not.
The decision comes amid broader changes in crypto regulation and enforcement in the U.S.
After more than four years of legal battles, the U.S.
Securities and Exchange Commission (SEC) is withdrawing its lawsuit
against Ripple, according to the company's CEO, Brad Garlinghouse. The report has sent XRP soaring over 10% as investors
welcomed the long-awaited resolution to the case that has clouded the token's
future since 2020.
This above is an advertisement by Utip
According to CoinMarketCap data, XRP was trading at $2.53 at the time of this publication. This represents a 12% and 18% increase
in the daily and weekly charts, respectively.
XRP is currently ranked 3rd with a market capitalization of over $148 billion
"This is it – the moment we've been waiting for.
The SEC will drop its appeal – a resounding victory for Ripple, for crypto,
every way you look at it. The future is bright. Let's build," Garlinghouse
commented on X.
The SEC initially sued Ripple in December 2020,
alleging the company had raised $1.3 billion through the unregistered sale of
XRP, which the agency classified as a security.
A major turning point came in 2023 when U.S. Judge
Analisa Torres ruled that while Ripple had violated securities laws in
institutional sales, its programmatic sales to retail investors did not break regulations.
The decision was seen as a partial win for Ripple,
leading the SEC to file a notice of appeal. However, the latest development
confirms the agency is abandoning its appeal, effectively bringing the case to
a close.
A Shift in Regulatory Approach
The SEC's decision to drop the case comes amid broader
shifts in regulatory enforcement. In recent months, the Commission has also
backed down from investigations into major crypto companies, including Coinbase
and Kraken.
The departure of former SEC Chair Gary Gensler and the
nomination of Paul Atkins to lead the agency under the Trump administration may
have played a role in the SEC's retreat.
XRP price soars on the daily chart, source: CoinMarketCap
Ripple's CEO suggested the lawsuit was never truly
about investor protection but rather an attempt to stifle the crypto industry.
The lawsuit's conclusion fuels speculation about the possibility of an
XRP-based exchange-traded fund (ETF).
What's Next for Ripple and XRP?
Following the announcement, XRP's trading volume also
surged, reflecting renewed investor confidence. According to CoinMarketCap,
XRP's trading volumes have soared 97% to $7 billion in the past day.
Ripple's legal victory could strengthen its standing
in the market, allowing it to focus on business expansion rather than legal
battles. However, whether the token will be the next Bitcoin remains uncertain.
After more than four years of legal battles, the U.S.
Securities and Exchange Commission (SEC) is withdrawing its lawsuit
against Ripple, according to the company's CEO, Brad Garlinghouse. The report has sent XRP soaring over 10% as investors
welcomed the long-awaited resolution to the case that has clouded the token's
future since 2020.
This above is an advertisement by Utip
According to CoinMarketCap data, XRP was trading at $2.53 at the time of this publication. This represents a 12% and 18% increase
in the daily and weekly charts, respectively.
XRP is currently ranked 3rd with a market capitalization of over $148 billion
"This is it – the moment we've been waiting for.
The SEC will drop its appeal – a resounding victory for Ripple, for crypto,
every way you look at it. The future is bright. Let's build," Garlinghouse
commented on X.
The SEC initially sued Ripple in December 2020,
alleging the company had raised $1.3 billion through the unregistered sale of
XRP, which the agency classified as a security.
A major turning point came in 2023 when U.S. Judge
Analisa Torres ruled that while Ripple had violated securities laws in
institutional sales, its programmatic sales to retail investors did not break regulations.
The decision was seen as a partial win for Ripple,
leading the SEC to file a notice of appeal. However, the latest development
confirms the agency is abandoning its appeal, effectively bringing the case to
a close.
A Shift in Regulatory Approach
The SEC's decision to drop the case comes amid broader
shifts in regulatory enforcement. In recent months, the Commission has also
backed down from investigations into major crypto companies, including Coinbase
and Kraken.
The departure of former SEC Chair Gary Gensler and the
nomination of Paul Atkins to lead the agency under the Trump administration may
have played a role in the SEC's retreat.
XRP price soars on the daily chart, source: CoinMarketCap
Ripple's CEO suggested the lawsuit was never truly
about investor protection but rather an attempt to stifle the crypto industry.
The lawsuit's conclusion fuels speculation about the possibility of an
XRP-based exchange-traded fund (ETF).
What's Next for Ripple and XRP?
Following the announcement, XRP's trading volume also
surged, reflecting renewed investor confidence. According to CoinMarketCap,
XRP's trading volumes have soared 97% to $7 billion in the past day.
Ripple's legal victory could strengthen its standing
in the market, allowing it to focus on business expansion rather than legal
battles. However, whether the token will be the next Bitcoin remains uncertain.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
Clarity Without Complacency: Why the SEC-CFTC Framework Is a Start, Not a Finish Line
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
