Altcoin News SEC’s Closed Meeting Under Mark Uyeda and Ripple Lawsuit Update Last updated: January 27, 2025 4:00 pm Altcoin News 363 Views Share SHARE SEC’s Closed Meeting Under Mark Uyeda and Ripple Lawsuit Update . You Might Also Like How to Protect Yourself from Scam Airdrops – Essential Tips Security & Scam Prevention in the Digital Age: Protecting Your Assets and Data The Future of Jobs in the Web3 Era: Skills You Need to Thrive Why Some Airdrops Require KYC and What It Means for You How Airdrops Help Market New Crypto Projects 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Primed for Another Major Leg Up – Here’s His Target Leave a review Leave a review Cancel replyYour email address will not be published.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=)
