Can Ripple Sell XRP Directly To Institutions In the U.S.? Legal Expert Says Yes, But...

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Attorney Fred Rispoli recently provided clarity on whether Ripple can sell XRP directly to institutions in the United States. This has been the subject of speculation following recent legal developments. His remarks came in response to Abs Nassif, host of the Good Morning Crypto podcast, who posed the question publicly.

Rispoli affirmed that Ripple can sell XRP to U.S. institutions, although he noted that the process is still unclear. “Yes. Unclear the avenue that Ripple will use to accomplish this but the bottom line is THIS administration’s SEC won’t be a roadblock,” he stated.

He emphasized the importance of legislation for ensuring market stability, adding that it is vital to secure clarity in case the U.S. Securities and Exchange Commission (SEC) adopts a stricter stance on digital assets under a future administration.

The Context of the Lawsuit

The discussion follows the recent dismissal of legal proceedings between Ripple and the SEC. While the broader case has concluded, a key restriction remains unresolved.

Both Ripple and the SEC had jointly requested the removal of the permanent injunction preventing institutional sales of XRP. Judge Analisa Torres denied the motion for an indicative ruling, leaving the injunction in place.

This outcome leaves Ripple without full legal clearance for institutional transactions, though the company has made strides in other areas of its operations. Analysts and observers suggest that this development will not undermine Ripple’s long-term strategy.

Rispoli has previously explained that the term “institutional sales” from the ruling does not broadly apply to all future XRP sales involving institutions. In his response, he pointed out that the current SEC leadership will not obstruct Ripple’s path forward despite the outstanding injunction.

Implications for Ripple’s Business

The issue at the heart of the injunction is whether Ripple can engage directly with institutional buyers inside the U.S. without violating securities laws. Rispoli acknowledged uncertainty about the precise mechanism Ripple might use, but stressed that the administration’s approach provides room for the company to operate.

Market participants are eager for clarity, as institutional engagement is critical to XRP’s utility in cross-border settlements and liquidity solutions. Rispoli’s comments suggest that Ripple’s ability to transact with institutions is not dependent on the injunction’s removal, but rather on compliance with existing securities frameworks and the prevailing regulatory environment.

Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*


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