Altcoin News SEC’s Closed Meeting Under Mark Uyeda and Ripple Lawsuit Update Last updated: January 27, 2025 4:00 pm Altcoin News 282 Views Share SHARE SEC’s Closed Meeting Under Mark Uyeda and Ripple Lawsuit Update . You Might Also Like Types of Airdrops in Crypto: What You Need to Know How to Get Airdrops for Free: A Beginner’s Guide What is an Airdrop? A Complete Guide to Earning Free Crypto 10 Web3 Projects Changing the Digital Landscape Right Now Bitcoin Could Soar 560% in 2025 as Miners and Holders Drive Market Momentum TAGGED:Altcoins NewsBitcoinbitcoin artbitcoin giftbitcoin memorabiliabitcoin mugbitcoin t-shirtbitcoin walletBTCCryptocrypto collectibles Share This Article Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print Previous Article Flockerz Presale Reaches $13M, Last Chance to Buy as Dogecoin ETF in Sight Next Article ‘We’re Going Higher for Longer’: Crypto Analyst Says Bitcoin Primed for Another Major Leg Up – Here’s His Target Leave a review Leave a review Cancel replyYour email address will not be published. Required fields are marked * Please select a rating! Your Rating Rate… Perfect Good Average Not that Bad Very Poor Your comment *Your name * Your Email * Your website Save my name, email, and website in this browser for the next time I comment. Latest News Bitcoin’s Tight Trading Range Signals Imminent Volatility, Says Glassnode Bitcoin News President Trump Eliminates SAB 121, Allowing Banks To Custody Bitcoin and Crypto Assets Bitcoin News Algorand’s TVL Jumps, But Weakness Looms Altcoin News Memecoin Named After Brian Armstrong’s Dog TOSHI Rises and Falls Following Coinbase Listing Altcoin News Coinbase CEO Says US Legislation Could Force Delisting of Tether’s USDT Altcoin News
%20is%20set%20to%20hold%20its%20first%20closed%20meeting%20under%20Acting%20Chair%20Mark%20Uyeda%20this%20Thursday,%20marking%20a%20key%20moment%20in%20the%20ongoing%20regulatory%20oversight%20of%20the%20cryptocurrency%20space.%20The%20meeting%20will%20involve%20SEC%20commissioners,%20the%20counsel%20to%20the%20commissioners,%20the%20commission%E2%80%99s%20secretary,%20and%20recording%20secretaries.%20On%20the%20agenda%20are%20critical%20discussions%20around%20injunctive%20actions,%20administrative%20proceedings,%20the%20resolution%20of%20litigation%20claims,%20and%20various%20matters%20tied%20to%20enforcement%20and%20examinations.%20While%20these%20topics%20are%20standard%20for%20the%20commission,%20this%20particular%20meeting%20is%20drawing%20heightened%20attention%20due%20to%20its%20connection%20with%20the%20ongoing%20legal%20case%20between%20the%20SEC%20and%20Ripple%20Labs,%20and%20the%20broader%20crypto%20regulatory%20landscape.</p>%0A<p>This%20closed-door%20session%20comes%20shortly%20after%20the%20court%20ruling%20in%20the%20case%20between%20the%20SEC%20and%20Ripple,%20which%20has%20been%20a%20central%20topic%20in%20the%20cryptocurrency%20world%20for%20several%20years.%20In%20a%20recent%20decision,%20Judge%20Analisa%20Torres%20ruled%20that%20certain%20distributions%20of%20XRP,%20the%20cryptocurrency%20native%20to%20the%20Ripple%20network,%20do%20not%20qualify%20as%20securities.%20The%20ruling%20was%20based%20on%20the%20argument%20that%20there%20was%20no%20investment%20of%20money%20in%20those%20transactions,%20a%20key%20factor%20in%20determining%20whether%20something%20constitutes%20a%20security.%20This%20ruling%20was%20seen%20as%20a%20significant%20win%20for%20Ripple,%20which%20has%20long%20argued%20that%20its%20token%20should%20not%20be%20classified%20as%20a%20security%20under%20U.S.%20law.</p>%0A<p>However,%20the%20SEC%20has%20not%20backed%20down,%20filing%20an%20appeal%20shortly%20after%20the%20decision.%20In%20the%20appeal,%20the%20SEC%20argues%20that%20the%20court%20made%20several%20errors,%20particularly%20regarding%20XRP%E2%80%99s%20classification%20when%20sold%20on%20digital%20asset%20exchanges.%20The%20SEC%E2%80%99s%20appeal%20continues%20to%20underscore%20its%20belief%20that%20digital%20assets%20like%20XRP%20should%20be%20regulated%20as%20securities,%20thus%20falling%20under%20its%20purview%20for%20enforcement.</p>%0A<p>Industry%20experts%20are%20closely%20monitoring%20the%20developments%20of%20this%20case,%20with%20many%20speculating%20that%20the%20legal%20battle%20could%20be%20nearing%20its%20end.%20One%20notable%20voice%20in%20the%20debate%20is%20John%20Deaton,%20a%20well-known%20cryptocurrency%20advocate%20and%20lawyer,%20who%20has%20suggested%20that%20the%20case%20should%20be%20dismissed%20entirely.%20Deaton%20and%20others%20have%20pointed%20to%20the%20shifting%20political%20climate%20in%20the%20U.S.,%20with%20growing%20pressure%20on%20regulators%20to%20clarify%20their%20stance%20on%20cryptocurrency%20and%20blockchain%20technology.%20Deaton%20argues%20that%20the%20SEC%E2%80%99s%20continued%20pursuit%20of%20Ripple%20could%20be%20a%20waste%20of%20resources%20and%20time,%20particularly%20as%20more%20lawmakers%20and%20industry%20experts%20call%20for%20clearer,%20more%20comprehensive%20regulatory%20guidelines.</p>%0A<p>Some%20experts%20believe%20that%20a%20settlement%20between%20Ripple%20and%20the%20SEC%20might%20be%20possible,%20as%20both%20parties%20could%20find%20a%20middle%20ground%20that%20resolves%20the%20dispute%20while%20leaving%20certain%20issues%20unresolved.%20A%20settlement%20could%20bring%20clarity%20to%20some%20aspects%20of%20the%20case,%20particularly%20regarding%20how%20cryptocurrencies%20should%20be%20classified%20in%20terms%20of%20securities%20law.%20However,%20this%20outcome%20remains%20uncertain,%20with%20both%20sides%20still%20holding%20firm%20on%20their%20positions.</p>%0A<p>Another%20development%20fueling%20speculation%20around%20the%20case%20is%20the%20potential%20release%20of%20the%20Inspector%20General%E2%80%99s%20report%20on%20Bill%20Hinman,%20the%20former%20SEC%20official%20whose%20actions%20have%20been%20under%20scrutiny.%20Hinman%E2%80%99s%20conflicts%20of%20interest%20have%20been%20a%20topic%20of%20controversy,%20especially%20regarding%20his%20involvement%20in%20cryptocurrency%20matters%20while%20at%20the%20SEC.%20Metalawman,%20another%20legal%20figure%20in%20the%20cryptocurrency%20space,%20recently%20commented%20that%20the%20SEC%20may%20soon%20release%20the%20report,%20which%20could%20shed%20light%20on%20Hinman%E2%80%99s%20role%20in%20shaping%20the%20agency%E2%80%99s%20stance%20on%20cryptocurrency%20regulation.%20Deaton%20has%20strongly%20supported%20the%20release%20of%20this%20report,%20emphasizing%20that%20transparency%20is%20crucial%20for%20rebuilding%20public%20trust%20in%20the%20SEC.%20He%20went%20as%20far%20as%20to%20say%20that%20if%20the%20current%20SEC%20leadership%20fails%20to%20release%20the%20report,%20they%20would%20be%20no%20better%20than%20the%20previous%20administration.</p>%0A<p>As%20the%20SEC%20prepares%20for%20its%20closed%20meeting,%20the%20Ripple%20case%20and%20the%20regulatory%20approach%20toward%20cryptocurrencies%20remain%20critical%20issues.%20Industry%20players%20and%20legal%20experts%20are%20eager%20to%20see%20whether%20the%20SEC%20will%20take%20steps%20toward%20resolving%20the%20conflict%20or%20whether%20the%20battle%20will%20continue%20to%20escalate,%20further%20impacting%20the%20future%20of%20cryptocurrency%20regulation%20in%20the%20U.S.%20The%20outcome%20of%20this%20meeting,%20and%20the%20subsequent%20legal%20proceedings,%20could%20have%20long-lasting%20implications%20for%20both%20Ripple%20and%20the%20broader%20crypto%20market.</p>%0A<p>Post%20Views:1</p>%0A</div>%0A<div%20id=)
