- The SEC has scheduled a closed meeting today amid ongoing legal battles with Ripple.
- Recent dismissals of crypto-related lawsuits suggest a potential shift in the SEC’s regulatory approach.
Anticipation is building in the cryptocurrency world as the U.S. Securities and Exchange Commission (SEC) prepares for a closed-door meeting today at 2:00 PM ET. The timing of this meeting has raised eyebrows, especially among XRP supporters who continue to follow the legal confrontation between the SEC and Ripple.
What’s fueling the speculation is the SEC’s recent pattern of backing away from several high-stakes crypto enforcement actions. Over the last twelve months, the Commission has dropped cases against some of the industry’s biggest players: Coinbase, Uniswap Labs, and Gemini.
The number of dismissed cases suggests a potential shift in the SEC’s approach to cryptocurrency regulation, marking what appears to be a departure from the aggressive enforcement campaign that was exhibited during former Chair Gary Gensler’s tenure.
Industry observers and crypto analysts are now questioning whether this meeting might signal further policy adjustments or possibly impact ongoing cases like the Ripple litigation.
What’s on the Agenda?
According to the SEC’s notice, the meeting will cover several key topics, including the institution and settlement of injunctive actions, administrative proceedings, resolution of litigation claims, and matters related to examinations and enforcement proceedings. While the SEC has not confirmed whether the Ripple case will be discussed, the timing of the meeting, which is just one day before the first-ever White House crypto summit tomorrow, March 7, 2025, has fueled speculation.
Crypto analyst Amonyx and former SEC official John Reed Stark have both suggested that the Ripple lawsuit could be among the next cases to be dismissed, following the recent trend.
“The SEC has scheduled a Closed Meeting on Mar 6, 2025, at 2:00 PM ET. Do you think the $XRP issue will finally be resolved?” Amonyx stated on X. Stark noted that the SEC’s recent actions indicate a willingness to resolve high-profile cases, hopefully paving the way for a settlement or dismissal in the Ripple case.
Broader Political and Regulatory Shifts
The meeting also coincides with President Donald Trump’s recent announcement of the creation of a national crypto reserve, which includes XRP. This move has added pressure on regulators to align their actions with the government’s evolving stance on digital assets.
While the SEC has not provided any indication that the Ripple case will be addressed during today’s meeting, recent dismissals, political developments, and the upcoming White House crypto summit have kept the XRP community and the wide crypto market on edge.
All eyes are now on the SEC for any signs of a resolution that could shape the future of cryptocurrency regulation. Today, XRP is trading at $2.51, up 3.7% in the last 24 hours, with a trading volume of $5.65B in 24 hours.
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