Today in crypto, the United States Securities and Exchange Commission dropped its multi-year enforcement action against Ripple. An initially crypto-skeptic Minnesota Senator introduced a Bitcoin-buying bill. Meanwhile, the head of President Donald Trump’s crypto council said stablecoin legislation is likely to be passed imminently.
SEC will drop its appeal against Ripple, CEO Garlinghouse says
The United States Securities and Exchange Commission’s multi-year enforcement action against Ripple from 2021 is finally coming to an end, according to the company CEO.
“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,” Ripple CEO Brad Garlinghouse wrote on X on March 19.
Source: Brad Garlinghouse
“I’m finally able to announce that the case has ended; it’s over,” Garlinghouse said in the attached video to the X post.
Minnesota senator