by aria-crypto.com
May 2, 2025 at 14:48
SEC and Ripple: A Meeting That Could Change the Future of XRP
On May 2, 2025, Ripple's Executive Chairman Chris Larsen will meet with SEC Chair Paul Atkins, a development that may influence the long-running case between Ripple and the SEC.
Atkins' appointment has reignited hope for clearer regulations in the crypto space, as he previously advocated for a regulatory framework that encourages blockchain innovation.
Speculations abound that this meeting could lead to decisive actions regarding the approval of a spot XRP ETF or even a potential settlement in the ongoing legal disputes.
Bloomberg analyst Eric Balchunas has suggested a robust 85% likelihood of an XRP ETF approval, an event that would significantly elevate market confidence in Ripple.
Currently, XRP is trading around $2.23, reflecting a minor gain, but its prospects are overshadowed by delays in the SEC's review of crypto applications.
However, not all experts are optimistic; former SEC attorney Marc Fagel indicates that expectations for an immediate resolution should be tempered.
Despite the atmosphere of anticipation, the meeting's agenda remains undisclosed, leaving the crypto community awaiting any substantive breakthrough.
The SEC is expected to make critical rulings on XRP ETF applications by June 2025, setting the stage for Ripple's future in digital finance.
As Ripple plans new ETF submissions and prepares for the introduction of its stablecoin, RLUSD, there is cautious optimism for a recovery.
If Ripple can effectively rebuild trust with institutional investors, XRP may once again find its place at the forefront of the cryptocurrency market.
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