CEO claims that a victory for Ripple in its lawsuit against SECGov could set off a chain reaction on the regulatory front
According to Belshe, a victory for Ripple in this legal tug-of-war could echo across the entire cryptocurrency landscape, creating positive changes in the regulatory environment.
Critics have often labeled XRP as being centralized due to a variety of factors, including Ripple Labs' significant holdings of the token, their influence over the currency's ledger, and the closed nature of the currency's validator network. This is a sharp contrast to Bitcoin, which has always touted its decentralization as one of its primary features.
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