Odaily Planet Daily News, Ripple CEO Brad Garlinghouse said he is very much looking forward to working with the new leadership of the SEC, sparking speculation in the industry that the lawsuit between the SEC and Ripple may be dismissed or settled.
Legal analyst Jeremy Hogan said the case may be resolved before April or May, but procedural requirements may extend the time. Under the leadership of the current government, the SEC is expected to make its final effort before the leadership change. As the deadline for submitting a court statement is January 15th, the agency may try to influence the direction of the case. However, industry insiders expect the incoming pro-cryptocurrency leadership to create a more favorable environment for Ripple, and a positive result may pave the way for XRP ETF approval. (Cryptodnes)
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