Researcher Bitget Research Ryan Lee spoke about the consequences of the reconciliation of Sec and Ripple

The chief analyst of Bitget Research Ryan Lee noted that the SEC case against Ripple has become an important moment for the crypto industry. Its completion will probably have far -reaching consequences. The deviation of the commission of the commission against the crypto company is created by a legal precedent that can protect assets such as Ethereum and Solana, from the classification of them as securities.

According to Lee, this is a powerful example for other projects that can now strive to repeat the Ripple model with a decentralized register and utilitarian function to avoid the attention of the Sec. The company’s victory signals possible changes in the normative environment of the United States.

“With the support of the US administration and the weakening of the SEC position under the new leadership, this decision can accelerate the adoption of cryptocurrencies in the USA and around the world. Given the fact that the Ripple ON-DEMAND Liquidity service is flourishing, legal clarity can strengthen trust in cross-border payments, giving financial institutions the opportunity to cooperate with Ripple and opening doors for significant investment, ”said Lee.

In his opinion, this event also indicates the upcoming transition from litigation to legislative initiatives, with the possibility of creating new regulations that support innovation in the crypto industry.

Whether he emphasized that if the United States accepts a more loyal position on cryptocurrencies, then this can open opportunities for the future launch of ETF on XRP and weakening of laws for stablecoins. In addition, the specialist believes that the competitive situation in the international arena will also change, the fact is that other countries will be forced to adapt their approaches to regulation in order to keep up with the United States.

Author

Peter Ivanov