SEC Case Had 'Almost No Impact' on Ripple's Talks With Central Banks, Says Exec

1 year ago

Ripple's agelong ineligible saga with the U.S. Securities and Exchange Commission (SEC) had "almost nary impact" connected its conversations with cardinal banks, the firm's vice president of cardinal slope engagements told CoinDesk TV connected Friday.

James Wallis besides said the determination that Ripple's merchantability of XRP did not represent concern contracts was a large victory, not conscionable for Ripple but besides for the manufacture arsenic a whole.

The ineligible combat which had been going connected since 2020, however, had not had immoderate detrimental effect connected Ripple's quality to get conversations and projects going with cardinal banks.

"We've had nary countries accidental we don't privation to speech to you due to the fact that of it," Wallis said.

The astir caller specified task saw Ripple collaborate with the Pacific state of Palau connected a U.S. dollar-pegged stablecoin (PSC) which runs connected the XRP Ledger.

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