XRP could be approaching a significant shift in its regulatory and institutional status as the crypto community watches April 16 and April 21 closely. According to crypto analyst John Squire, who shared insights on X, these dates may have lasting consequences for Ripple and the future of XRP’s global role.
Ripple was scheduled to make its concluding response to the United States Securities and Exchange Commission lawsuit on April 16. Even though the blockchain giant and the SEC have signalled intentions to stop the appeal process, the court has yet to give its response.
The XRP operations in the United States face limitations after this case started in December 2020, while helping form the framework for future digital asset governing rules.
According to Squire, the April 16 deadline would determine whether the legal fight ends completely or enters its ultimate stage. The court previously declared that XRP is not a security for programmatic sales, which provided Ripple with some minimal legal benefit.
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A complete lawsuit victory would give Ripple free rights to function legally in the United States market while potentially showing worldwide institutions that XRP no longer faces regulatory uncertainties. The outcome may deliver institutional investors and payment firms with renewed trust in the market.
Speculation Mounts Around SWIFT and Global Integration
Attention will then turn to April 21, when several analysts anticipate a possible announcement from SWIFT. Squire referenced increasing chatter within the financial and crypto space, stating that Ripple’s technology, and by association with XRP, may be officially integrated into SWIFT’s international payment system.
SWIFT currently connects more than 11,000 financial institutions around the world. Recall that Ripple started its interoperability pilot programs with SWIFT back in 2023.
SWIFT’s recent reports on Distributed Ledger Technology included Ripple and XRP as participants in ongoing discussions to enhance global payment systems. According to Squire, the repeated mentions of Ripple by SWIFT are evidence of collaboration beyond passing interest, which may have already reached an agreement stage.
Squire points out that the dates show up close to each other, indicating they may represent strategic components of a fundamental change. According to his prediction, the current financial infrastructure will soon recognize XRP as a foundational element rather than viewing it as problematic or restricted.
XRP’s position within financial markets and legal frameworks would experience a transformative change if the entity completes the settlement of its lawsuit and achieves international system integration.
Despite the unclear results, Squire indicated that the current circumstances surrounding XRP imply that crucial changes are happening in its position. His evaluation derives from following legal insights, business partnerships, and Ripple’s evolution within worldwide financial networks over multiple years.
With April underway, both dates are drawing heightened attention from investors, analysts, and institutions. The developments could influence XRP’s long-term position and possibly reshape the broader digital asset landscape.
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