HI if you had followed the news regarding this crypto you might have heard the news that the SEC had slapped a case against the company and this crypto as it is not a currency and it is a security by its nature, the reasoning was that at first glance it is not a decentralize coin and it is a centralize token where the company which uses it for financial transactions are holding the majority of it release and controlling its flow directly to the market so does the Security and Exchange Commissions took the objections based on its influence able nature and as of now the CEO and CLO of the company are tackling the lawsuit in the court so if they come up with acquisition from case so does another pump in the daily volume and value of the asset...
Ripple and XRP will survive regardless of the SEC's determination. Ripple will just move it's headquarters overseas to Japan, Singapore, or the UK. Business as usual.
BitonGroup
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@Tyler_Contrarian absolutely agreeing with you but probably employing its services by the banks will be a bit of an issue if they can't settle the case