Skip to content

SEC Action On July 3 Could Change Everything for XRP. Here’s What Is Coming

2025-07-04 05:36:26

SEC Action On July 3 Could Change Everything for XRP. Here’s What Is Coming

Main Idea

The SEC's decision on July 3 regarding its appeal in the Ripple case could significantly impact XRP's regulatory status and future market confidence, potentially solidifying Judge Torres' ruling that XRP is not a security in public exchange sales.

Key Points

1. The SEC filed suit against Ripple Labs in December 2020, alleging the company raised over $1.3 billion through an unregistered securities offering by selling XRP.

2. In July 2023, Judge Analisa Torres ruled that XRP is not a security when sold to the general public on exchanges, but the case remains unresolved regarding other sales.

3. Ripple dropped its cross-appeal on June 27, shifting focus to the SEC's decision by July 3, which could determine XRP's regulatory future.

4. If the SEC drops its appeal, it would provide legal clarity for XRP and potentially boost market confidence and adoption.

5. Legal experts suggest the SEC's decision could set a significant precedent for cryptocurrency regulation in the U.S.

Description

The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is rapidly approaching what could be its final chapter. Following Ripple’s formal withdrawal of its cross-appeal in late June, attention now shifts to July 3, the date by which the SEC is expected to take decisive action on its appeal. That move could mark a turning point not only for XRP but also for the broader regulatory landscape surrounding digital assets in the United States. Ripple vs. ...

>> go to origin page
Tags:
Cryptocurrency News Ripple Ripple-SEC Case SEC XRP
$OP
$0.5339
-5.91%
$XRP
$2.2127
-1.34%
$FORM
$2.8407
+1.32%

Latest News