SEC Proposal May Hand Ripple a Lifeline in XRP Dispute

The Securities and Exchange Commission (SEC) has proposed a new framework for how crypto companies raise capital in the US, which may have significant implications for Ripple and its XRP token.

According to an analyst, the fine print of this proposal could provide a legal exit ramp for Ripple, potentially resolving the long-standing dispute over the status of XRP as a security or commodity.

The SEC's proposed framework is known as Regulation Crypto Assets, which was formally announced on August 18. While the headline numbers suggest significant changes to the crypto industry, one expert believes that the details may be more important for Ripple and XRP than initially meets the eye.