$ETH
**SEC Turns Focus to Crypto Rules After Ripple Case Ends**
The long-running legal battle between the **SEC** and **Ripple Labs** is finally over — and now, the SEC is shifting gears towards building a proper regulatory framework for the crypto industry.
After nearly five years in court, both sides have agreed to drop their appeals and cover their own legal costs. SEC Commissioner Hester Peirce called it a *“welcome development,”* saying it’s time to move from lawsuits to policymaking. Chair Paul Atkins echoed that sentiment, highlighting the chance to create rules that protect investors while supporting innovation.
The case began back in December 2020 when the SEC accused Ripple of raising **\$BNB 1.3B** through unregistered XRP sales. A 2023 court ruling declared XRP *not* a security in retail sales — but a security in institutional sales. Ripple ended up paying a **\$TRUMP 125M fine** in August 2024.
The timing is interesting, as Congress debates the **Digital Asset Market Clarity Act (CLARITY Act)**, which aims to define how crypto markets should work. Republicans want it passed by September 30, but Democrats remain opposed, calling it risky legislation. The political divide over crypto regulation is clearly heating up.
\#CryptoNews #SEC #Ripple #Regulation