US Digital Asset Developments: Government May Hold XRP Following SEC Settlement
by aria-crypto.com
March 7, 2025 at 15:03
US Digital Asset Developments: Government May Hold XRP Following SEC Settlement
The U.S. government is stepping up its involvement in the cryptocurrency domain, particularly through the establishment of a United States Digital Asset Stockpile, which will include prominent cryptocurrencies like XRP, Ethereum, Cardano, and Solana. President Donald Trump has stated that this stockpile will accumulate digital assets obtained legally, but it will not engage in active purchasing. This strategic move has caused ripples in the crypto community, particularly concerning XRP due to Ripple's legal entanglements with the SEC. Ripple's recent $125 million fine by the SEC might be settled using XRP if the government and Ripple agree, which could result in the U.S. government owning XRP directly. Legal expert Jeremy Hogan suggests this scenario is plausible by referencing historical legal precedents that allow for such forms of settlement. If realized, this could align government interests with the XRP community, potentially easing regulatory pressures and fostering broader adoption of XRP.
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