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 functio…

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