Ripple and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion, signaling they are close to ending their long-running legal fight. The motion, submitted to a U.S. Appeals Court, asks to pause all appeals and cross-appeals between the two.
This step comes as both sides work toward a final settlement. The filing says that any next moves could take up to 60 days, but the outcome already seems clear.
Ripple’s legal battle with the SEC has lasted for years and is one of the biggest court cases in crypto history. It has shaped how regulators and companies view digital assets. Last month, the SEC dropped its main lawsuit, leading many to believe a full settlement was near.
Today’s motion focuses on Ripple’s cross-appeal, which dates back to October. Now, both Ripple and the SEC say they have agreed in principle to resolve all remaining issues.
This includes any past appeals and claims involving individual Ripple executives. While the two parties said weeks ago they were ready to settle, they only now made it official with this filing.
The price of XRP has not moved with this news, suggesting that the market expected this outcome.
Analysts think that when a full deal is reached, it can become a turning point for crypto regulation in the United States. With the SEC also easing tensions with other firms such as Coinbase and Kraken, the mood in the industry is upbeat.
