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Will XRP law end today? SEC meeting closed doors raises rumors rumors

A closed meeting of the American paper and stock exchange (SEC) on January 30 has sparked new speculation about the future An ongoing ripple issue. This represents the fifth of this meeting for this year, and it attracted the attention of the XRP community, which hopes for possible developments regarding the lawsuit.

The meeting, scheduled in advance It was revealed by notifying the Sunshine Law on SEC, It will feature SEC Acting President Mark Oida And the commissioner Hyster Peres

Hyster Peres is one of the Securities and Stock Exchange Committee, often known as “Crypto Mom”, one of the most explicitly encrypted currency supporters in the United States. Before joining the Securities and Stock Exchange Committee, she worked in a variety of roles that evaluate and formulate financial regulations, after she graduated from the Faculty of Law at Yale University. She worked at the Mercatos Center at George Mason University, a Libertari research tank, the last of which was a commissioner, where, among other things, she produced legislation such as Dod Frank’s Law. She, is often known as “Crypto Mom”, is a member of the Securities and Stock Exchange Committee. She was born in Ohio and graduated from Yale’s Law College. Before joining the Securities and Stock Exchange Committee, she worked in a variety of capabilities that reside and establish financial regulations. She worked at the MERCATUS Center at George Masson University, a research center that tends to be liberal, the last of which was a commissioner, where, among other matters, she produced criticism of legislation such as Dod Frank’s Law. While President Jay Clayton and Joe Biden’s candidate will come out, Republican Pierce will find herself in the minority. Cleiton, on the other hand, was not particularly thinking that it came to digital assets. President Biden announced his intention to choose Gary Ginsler, an expert who is supposed to be more willing to deal with Pierce more than Clayton. SEC approval of the preliminary public offers of encryption companies such as Coinbase, the first ETF to be written by Bitcoin, and of course, are all clear goals for Peirce. We will not know what Pierce thinks about the Supreme Council of Education’s pursuit until after the truth, in the SEC protocol, but the results of this issue will definitely be a starting point for more clarity. Peres told the guests at the Crypto Finance conference in January that the priority of the SEC Board of Directors in the future should support innovation and give organizational clarity: “We need to adopt innovation and know how to create an organizational framework that encourages it, which, in our field, I think it means providing clarity.” contractorInvestorfinanceEncryption expert Will XRP law end today? SEC meeting closed doors raises rumors rumorsWill XRP law end today? SEC meeting closed doors raises rumors rumors Uyeda leadership is looking for a special attention, as it is known for its decisive position on the use of implementation procedures to organize it Coded.

The topic of the closed meeting will consist of the following topics:

  • Foundation and settlement of restraining works;
  • Foundation and settlement of administrative procedures;
  • Solving litigation claims; and
  • Other issues related to exams and enforcement procedures.

While working as a temporary president, pending confirmation from the US Senate for a permanent successor, many believe that his leadership may prefer clarity and fairness to the encryption industry.

Possible ripple penetration

In addition to expectation is the last development that the Supreme Education Council has removed all references to Ripple from the litigation department on its website. This has led to speculation that the lawsuit involved Ripple may approach its end. Although this change is not conclusive evidence that the issue has ended, it is certain that it fed the excitement within the XRP community. The situation remains liquid, and although there is no official confirmation, the XRP community hopes this is a sign of progress.

Brad Garlinghyus, CEO of Ripple, recently talked about the risk of encryption, which defends a more comprehensive approach to this industry. Brad Garlinghyus

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2025-01-30 07:07:00

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