Sources: The U.S. SEC will hold a closed-door meeting next Thursday, possibly regarding the Ripple lawsuit
ChainCatcher news, according to Coinedition, the U.S. Securities and Exchange Commission plans to hold a closed-door meeting next Thursday (July 18). Although the official agenda has not been disclosed, sources say this meeting may address the Ripple lawsuit and potential settlement options. Given Ripple's significance and the multiple legal actions involving the SEC, many in the crypto community speculate that this will be a focal point. According to market data, XRP has risen 27% in the past week.
Previously, the court ruled that the SEC failed to prove that the secondary sales of BNB were securities in the Binance case, providing legal support for Coinbase and Ripple. Coinbase and Ripple Labs are leveraging this ruling to challenge the U.S. SEC's regulatory stance on cryptocurrencies.