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Ripple CEO Hopes Landmark SEC Ruling Will Serve as Wake-Up Call for US Congress and Benefit Entire Crypto Industry

Brad Garlinghouse, CEO of Ripple, believes that the recent ruling by Judge Torres in the legal battle between Ripple and the US SEC could have a positive impact on the entire crypto industry. He hopes that the ruling will serve as a wake-up call to US Congress for upcoming regulations.

The ruling was considered a major win for Ripple, as Judge Torres ruled that almost all sales of XRP do not constitute securities transactions. Garlinghouse also hopes that the ruling will set a positive precedent for other digital tokens in the US and encourage Congress to provide more regulatory clarity for the crypto industry.

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