After a recent federal district court ruling partly in favor of Ripple against the SEC, the crypto industry is cautiously optimistic about favorable regulatory conditions. Rebecca Rettig, the chief legal and policy officer of Polygon Labs, sees a “turning tide” for the industry. However, some industry experts, like Jake Chervinsky, are more reserved in their celebration, noting that the case could still go to trial or be settled on remaining issues. Chervinsky also questions the SEC’s statement expressing pleasure with the decision, suggesting it may be a spin. Rettig emphasizes the need for the industry to keep pushing and maintain momentum. The article also includes information about upcoming crypto events and other news stories.
AI Sentiment: Negative
