According to Cointelegraph, the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has reached its conclusion following a joint filing that confirmed the dismissal of both the regulator's appeal and the blockchain company's cross-appeal. This development marks the end of a significant enforcement action concerning XRP, Ripple's digital asset. The U.S. Court of Appeals for the Second Circuit acknowledged the joint dismissal in a filing submitted on Thursday. This decision effectively closes the chapter on the legal dispute that has been closely watched by the cryptocurrency industry. Ripple's Chief Legal Officer, Stuart Alderoty, expressed relief and readiness to move forward, stating, "The end…and now back to business," in a post on X, formerly known as Twitter. The lawsuit has been a focal point in the ongoing debate over regulatory clarity in the cryptocurrency sector. Ripple Labs has consistently argued that XRP should not be classified as a security, a stance that has been central to its defense against the SEC's allegations. The resolution of this case may have broader implications for how digital assets are regulated in the United States, potentially influencing future legal interpretations and enforcement actions. As this story develops, further updates are anticipated, shedding light on the potential impacts of this legal resolution on Ripple Labs and the wider cryptocurrency market. Stakeholders and observers are keenly interested in understanding how this outcome might affect regulatory approaches and the operational strategies of blockchain companies moving forward.

The filing came precisely one year after Ripple had been ordered to pay $125 million as part of an enforcement action over the company using XRP as unregistered securities. source: https://cointelegraph.com/news/sec-ripple-drop-appeals-enforcement-action?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

President Donald Trump signed an executive order on Aug. 7 to halt what his administration called discriminatory banking practices against the crypto industry. The order bars federal regulators from using “reputational risk” as justification to influence banks’ decisions about working with legal businesses source: https://cryptoslate.com/trump-signs-executive-order-to-end-banking-discrimination-against-crypto-industry/

Plasma teams up with Aave for a groundbreaking institutional blockchain fund, boosting financial technology adoption. source: https://coincu.com/353293-plasma-aave-launch-blockchain-fund

Paxos Trust has agreed to pay a $48. 5 million settlement to the New York Department of Financial Services (NYDFS), resolving allegations that it failed to properly monitor illicit activity tied to its former partnership with Binance, the world’s largest cryptocurrency exchange. The settlement includes a $26. 5 million civil penalty and $22 million allocated toward overhauling […] source: https://www.cryptopolitan.com/paxos-nydfs-settlement-binance-aml-failures/

Appeals dismissed as both sides sign joint stipulation in XRP saga source: https://www.thestreet.com/crypto/policy/sec-and-ripple-case-is-officially-over

This unexpected move has removed one of the biggest sources of uncertainty surrounding the cryptocurrency, sending bullish signals across the […] The post XRP Price Surges After Ripple and SEC End Legal Battle – What’s Next? appeared first on Coindoo. source: https://coindoo.com/market/xrp-price-surges-after-ripple-and-sec-end-legal-battle-whats-next/

The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have reached a significant agreement to jointly dismiss their ongoing legal battle, which has persisted for five long years. This unexpected turn of events raises the intriguing question: Does this resolution signify the dawn of a new era for XRP, the digital asset associated with Ripple, potentially opening doors for greater acceptance and integration within the financial landscape? source: https://blocknews.com/sec-and-ripple-agree-on-joint-dismissal-of-5-year-legal-battle-is-this-a-new-era-for-xrp/

null source: https://x.com/BTC_Archive/status/1953577299250753656

An Ethereum (ETH)-based decentralized finance (DeFi) altcoin is on the rise after gaining support from the top US-based crypto exchange platform. In a new thread, Coinbase says it is adding support for Euler (EUL), a lending and borrowing protocol built on top of the second-largest digital asset by market cap. source: https://dailyhodl.com/2025/08/07/ethereum-based-defi-protocol-euler-eul-on-the-rise-following-coinbase-listing/

AB DAO announces that AB has been listed on Kraken as of 7 Aug 2025. Users can now deposit AB and place post-only limit orders (orders will not match yet). Order matching is scheduled to begin on August 8, 2025, when the trading pairs AB/EUR and AB/USDT go live.

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