Ripple vs SEC: How the Outcome Could Reshape Financial Infrastructure Forever

• The Ripple lawsuit’s outcome could reshape global financial infrastructure, says SMQKE.
• A complete victory for Ripple could help financial institutions adopt blockchain technology.
• Ripple and the SEC seek another chance to reach a settlement in the ongoing case.

SMQKE, a well-known crypto researcher, believes that the result of the Ripple lawsuit may launch a new stage in global financial infrastructure. American lawyer James C. Spindler made this claim in his legal report titled “SHAQ, RIPPLE AND THE FUTURE OF CRYPTO REGULATION.” The report was prepared and released by William & Mary Law School.

SMQKE stated that if Ripple won, it would give banks and asset managers a clear path to use blockchain for main financial activities. The findings reveal that Judge Analisa Torres found that a portion of Ripple’s XRP sales was not in violation of securities laws. Legal experts claim that Ripple’s initial XRP release was the same as selling shares in an unwritten corporate value.

Ripple’s Win Could Redefine Financial Systems

If Ripple prevailed, SMQKE expected that financial institutions could use Ripple’s results to plot the future of their core functions on blockchain systems. The researcher pointed out that having such a setup would help companies transfer money and seek funds more freely. It would also allow for tokenizing shares and combining them with payment systems in blockchain wallets.

Related: SEC Website No Longer Lists Ripple Lawsuit—XRP Price Reacts

A legal win could give a major boost to the adoption of automated financial processes. According to SMQKE, smart contract technology could improve the way financial services such as custody and settlement are managed. Automation would make banking processes quicker and less dependent on existing regulatory rules.

Success for Ripple could spark changes that affect the whole financial industry. SMQKE revealed that the approved playbook can help other institutions issue tokens, handle capital, and enhance their payment systems using Ripple’s experience. It would help financial institutions make better use of blockchain to bring about change and innovation.

Ripple vs SEC Could Reshape Financial Innovation

The case between Ripple and the SEC is still ongoing, even after settlement talks. Ripple must pay a $50 million fine for selling XRP to institutions as agreed by the SEC. Yet, Judge Torres turned down their motion for an indicative ruling because of some problems in the procedure. Both parties now need to ask the court for another opportunity to reach a settlement.

The outcome of the Ripple case may significantly reshape the financial sector. A victory for Ripple might encourage more banks to adopt blockchain technology, leading to greater efficiency and reduced regulatory costs. This shift could help financial institutions streamline operations and innovate more rapidly.