XRP Achieves Legal Clarity, But Ripple Seeks Industry-Wide Resolution
Ripple's CEO Brad Garlinghouse says that XRP has already achieved legal clarity in the eyes of the law. According to him, a federal judge's ruling from their four-year fight with the SEC has established that XRP itself is not a security.
This ruling is seen as significant for XRP, but Garlinghouse wants more. He believes that the entire crypto industry needs this kind of clarity, and Ripple is advocating for it to be applied across the board.
The question remains whether this position will gain traction with regulatory bodies and other stakeholders in the industry.