XRP Price Explodes: SEC Clears Path, Ripple CTO Quits – Is $50 Next?
Legal & Regulatory: The SEC’s no-action letter (Sept. 30, 2025) clears the way for institutional custody of XRP watcher.guru sec.gov. This came in a package of rulings on crypto custody released by the SEC’s investment-management division. In practice, qualified crypto custodians (licensed “state trust” banks) can be used just like traditional banks to hold client crypto assets sec.gov. Crypto.news notes that with custodians like Coinbase and BitGo authorized to store XRP watcher.guru, a major legal uncertainty for institutional investors is resolved. Meanwhile, the residual Ripple v. SEC litigation risk ended in August 2025 (the two parties agreed to dismiss appeals hklaw.com). The SEC