TechFlow news — Ripple CEO Brad Garlinghouse said today that Ripple is attempting to reach a settlement with the U.S. Securities and Exchange Commission (SEC). He added, "I can't be specific, but we've tried and will continue trying with the new administration to resolve this matter in some way so the XRP community can continue innovating, protect consumers, and maintain orderly markets." He also stated that Ripple has no control over which exchanges list or delist XRP, calling it "open-source and decentralized." Additionally, he claimed that the company's financial incentives for partners using its On-Demand Liquidity (ODL) product are "entirely legal." Regarding why Ripple hasn't yet responded to the SEC, Garlinghouse noted that legal processes can be slow. "Things may seem quiet, but there's a lot happening behind the scenes," he said. Ripple will file its initial response within the coming weeks.
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