Ripple is celebrating the SEC's decision not to appeal a court case against the firm, seen as a major victory in the battle against regulatory overreach. CEO Brad Garlinghouse emphasized that while the case is over, some loose ends with the SEC remain, allowing Ripple to determine its next steps. However, legal experts note that the SEC's decision does not establish a binding precedent or provide legal clarity for the broader crypto industry. The lack of regulatory “guardrails” means legislative action is needed for lasting change. Observers pointed out that even with a more favorable environment for crypto, Congress must push for comprehensive legislative frameworks. Meanwhile, Ripple may pursue a cross-appeal regarding a prior judgment related to XRP’s status as a security. As the crypto industry awaits clear regulatory frameworks, lawmakers are attempting to advance stablecoin legislation.

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