Jay Clayton authorized the SEC lawsuit against Ripple in December 2020, triggering years of legal battles ⚖️
XRP fell about 60% after the lawsuit, while major U.S. exchanges suspended trading 📉
Coinbase relisted XRP in 2023 after a court ruled exchange sales were not securities.
Ripple still cannot sell XRP to U.S. institutions without registering those sales with the SEC.
The lawsuit also delayed XRP ETFs until after the case ended in 2025 ⏳
Bitcoin and Ethereum ETFs launched earlier, attracting far larger investor inflows 💰
The CLARITY Act could change XRP's regulatory status, but its chances of passing this year remain uncertain 📜
Today's Pill - regulation can shape a crypto asset's adoption just as much as the technology behind it 🔄
XRP fell about 60% after the lawsuit, while major U.S. exchanges suspended trading 📉
Coinbase relisted XRP in 2023 after a court ruled exchange sales were not securities.
Ripple still cannot sell XRP to U.S. institutions without registering those sales with the SEC.
The lawsuit also delayed XRP ETFs until after the case ended in 2025 ⏳
Bitcoin and Ethereum ETFs launched earlier, attracting far larger investor inflows 💰
The CLARITY Act could change XRP's regulatory status, but its chances of passing this year remain uncertain 📜
Today's Pill - regulation can shape a crypto asset's adoption just as much as the technology behind it 🔄