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Ripple gains regulatory clarity as SEC drops appeal
Ripple received regulatory relief after the SEC dropped its appeal, while a new Sui-linked ETF filing highlighted ongoing crypto product development.
Ripple Labs confirmed that the US Securities and Exchange Commission has dropped its appeal in the long-running XRP regulatory case. The development eases regulatory uncertainty around XRP sales following Ripple’s earlier $125 million settlement. Separately, Canary Capital filed for a Sui ETF designed to track the blockchain network’s token price, signalling continued product activity in digital asset markets.