Executive: SEC Case Had “Almost No Impact” on Ripple’s Talks with Central Banks
Ripple’s protracted legal battle with the US Securities and Exchange Commission has had “almost no impact” on talks with central banks. That’s the conclusion reached by the company’s vice president of central bank exposures, speaking to AskFX TV on Friday.
James Wallis said that the SEC’s decision that Ripple’s sale of XRP did not constitute an investment contract was a significant victory for Ripple, but also for the entire industry.
Ripple has not been prevented from engaging central banks and launching projects or talks by the legal battle that has been ongoing since 2020.
Wallis stated that no country has refused to speak to him on this matter.
Ripple’s most recent project involved a collaboration with the Pacific state of Palau to create a US dollar-pegged stablecoin running on the XRP ledger.
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