The U.S. Court of Appeals for the Second Circuit has put a hold on the Ripple case appeal, allowing the SEC and Ripple to jointly request this pause. Judge José A. Cabranes approved the motion.
XRP’s value has faced a 2% decrease, reflecting broader market corrections. The recent changes have been anticipated by the market, especially following Ripple’s move to cease its appeal after SEC Chair Gary Gensler’s resignation.
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