Ripple Crypto Case Is Nowhere Near Done: Bloomberg Crypto

In this issue of the Bloomberg Crypto newsletter, Allyson Versprille foresees a long wait for clarity in the Ripple case:

The wait goes on

It’s been a mostly sluggish summer for crypto — except in the courts, where a steady stream of regulatory actions, bankruptcy briefs and developments in ongoing cases have helped provide some action for industry watchers.

But to those hoping recent movement in the closely watched battle between the US Securities and Exchange Commission and Ripple Labs signifies that a resolution is near at hand — and with it, crucial legal clarity for the market — don’t bet on it anytime soon.

The ...