Altcoin News SEC’s Closed Meeting Under Mark Uyeda and Ripple Lawsuit Update Last updated: January 27, 2025 4:00 pm Altcoin News 433 Views Share SHARE SEC’s Closed Meeting Under Mark Uyeda and Ripple Lawsuit Update . You Might Also Like Airdrop Alchemy: Mastering the Bounty Unlocking Airdrop Riches: Pro Strategies Supercharge Your Airdrops: Advanced Play Beyond the Basics: Airdrop Maximization Airdrop Advantage: Next-Level Strategies DeFi’s Golden Tickets: A Guide to Airdrops Airdrop Aces: Lessons from Crypto’s Biggest Wins Unlocking Airdrops: A Crypto Newbie’s Guide Airdrops or Bounties: Your Crypto Treasure Hunt 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Primed for Another Major Leg Up – Here’s His Target Leave a review Leave a review Cancel replyYour email address will not be published.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 Could Soar 560% in 2025 as Miners and Holders Drive Market Momentum Bitcoin 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
%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=)
