Ripple and the US Securities and Exchange Commission (SEC) have agreed to formally end their appeals in the high-profile lawsuit that has dragged on for nearly four years. Under the settlement terms,XRP will not be classified as a security, and each side will cover its own legal costs.

Ripple and the US Securities and Exchange Commission (SEC) have agreed to formally end their appeals in the high-profile lawsuit that has dragged on for nearly four years. Under the settlement terms,XRP will not be classified as a security, and each side will cover its own legal costs.

Source: https://cryptoslate.com/ripple-and-sec-settle-sparking-xrps-10-rally-and-blackrock-etf-speculation/