The groundbreaking July 2023 ruling from the SEC and XRP lawsuit found that XRP is not in and of itself a security. XRP's status as a non-security in the US and other jurisdictions provides a solid foundation of clarity for developers looking to establish and grow a blockchain-based business. This outcome further enables blockchain developers to build with confidence on the XRP Ledger - an open source and fully decentralized layer 1 blockchain powered by a global developer community.
But establishing XRP's status in the US was an arduous journey. With the lawsuit having reached an emphatic conclusion, this episode of Block Stars with David Schwartz features a very special guest, Ripple's Chief Legal Officer, Stu Alderoty, who sat down to discuss:
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