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SEC Case Had 'Almost No Impact' on Ripple's Talks With Central Banks, Says Exec

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.Ripple's long legal saga with the SECGov had 'almost no impact' on its conversations with central banks, the firm's vice president of central bank engagements told CoinDesk TV. By JamieCrawleyCD

Ripple's long legal saga with the U.S. Securities and Exchange Commission had"almost no impact" on its conversations with central banks, the firm's vice president of central bank engagements told CoinDesk TV on Friday.

Ripple's sale of XRP did not constitute investment contractsThe legal fight which had been going on since 2020, however, had not had any detrimental effect on Ripple's ability to get conversations and projects going with central banks.The most recent such project saw Ripple

 

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Ripple Exec on Palau Stablecoin Trial on XRP Ledger, SEC Case RulingRipple vice president of central bank engagements and CBDCs James Wallis joins 'First Mover' to discuss his insights into the country of Palau leveraging Ripple's CBDC platform and starting a stablecoin trial on the XRP Ledger. Wallis also weighs in on Ripple Labs scoring a partial win against the SEC earlier this month after a judge ruled the sale of Ripple's XRP tokens on exchanges and through algorithms did not constitute investment contracts.
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