Will the SEC Meeting Bring Regulatory Clarity for XRP?
The XRP community is eagerly awaiting a final settlement between Ripple and the SEC, especially following a crucial statement from CEO Brad Garlinghouse. According to many experts, the SEC’s closed-door meeting on April 3, 2025, may bring clarity on the legal status of XRP and pave the way for a clearer regulatory framework for the broader crypto market.
Market analyst STEPH IS CRYPTO predicts that the Ripple lawsuit will be a key discussion topic in today’s meeting. The SEC may vote on whether to continue arguing that XRP is a security.
How Will the April 3 SEC Meeting Impact the XRP Lawsuit?
According to expert insights, the SEC is expected to discuss the XRP lawsuit as a central item in today’s closed-door meeting. The Commission is set to decide whether to drop its appeal that claims XRP is a security. If the vote today results in dropping the appeal, this could be a turning point for Ripple, potentially ending the legal battle.
Additionally, a U.S. House crypto hearing scheduled for April 9 is expected to focus on establishing a solid regulatory framework for the crypto industry.
Is the Ripple vs SEC Case Over?
In a surprising turn of events, Ripple CEO Brad Garlinghouse revealed that the SEC had dropped its appeal in the XRP lawsuit, prompting Ripple to withdraw its own cross-appeal. This has sparked optimism within the XRP community, with hopes that the case will soon come to an end.
However, legal expert Fred Rispoli clarified that the lawsuit is not over yet, as there are still pending procedures. He suggested that the Ripple case could be settled within two months if the SEC’s commission votes on the matter today. If the vote results in dropping the appeal, the case could surprisingly conclude.