Ripple-SEC Lawsuit Ends: XRP Becomes the First Regulated Crypto in the U.S.
Ripple settles with the SEC for $50M. XRP is officially not a security, becoming the only clearly regulated crypto in the U.S. Price and volume surge.
Crypto Laddin
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After years of legal battles, Ripple Labs has reached a historic settlement with the U.S. Securities and Exchange Commission (SEC). As part of the deal, Ripple will pay a reduced fine of $50 million, and the SEC has officially acknowledged that XRP is not a security on public exchanges.
This makes XRP the first and only clearly regulated cryptocurrency in the United States. The market responded quickly, with XRP’s price rising from $2.19 on May 1 to $2.37 on May 10. Trading volume spiked from $1.2 billion to $4.2 billion.
The SEC clarified that while it is settling, it does not admit to being wrong, but the agreement reflects a shift in its approach toward crypto regulation.
Italian crypto expert Fabio Zuccara highlighted the significance of this shift, calling the new U.S. crypto stance more “constructive” under the Biden administration. He expects XRP’s legal clarity to attract stronger institutional interest.
Ripple, now free from legal distractions, is expected to accelerate its global expansion—especially in cross-border payments and liquidity services using XRP.
This settlement applies solely to Ripple and is not a precedent for other crypto projects. However, it sets a significant milestone in the evolving U.S. crypto regulatory landscape.
