A cryptocurrency legal expert predicts that Ripple’s native token XRP could face a supply shock if it settles its case with the US Securities and Exchange Commission (SEC).
Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel.
In a new video, lawyer and XRP supporter Jeremy Hogan discusses a scenario where Ripple could settle its legal battle with the SEC and how these events could affect XRP:
Hogan also notes that a deal will include an agreement that will limit the sale of XRP to private sales for companies and customers, and will narrow the supply of XRP in the market:
The lawyer states that Ripple must secure a deal with the SEC, which will make them the first cryptocurrency firm to be fully approved by regulators.
Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.