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SEC’s July 10 Meeting Could Be a Turning Point in Ripple vs SEC Lawsuit

2025-07-09 08:05:13

SEC’s July 10 Meeting Could Be a Turning Point in Ripple vs SEC Lawsuit

Main Idea

The U.S. SEC's closed-door meeting on July 10, 2025, has sparked speculation about the potential end of the SEC's appeal in the Ripple lawsuit, which could resolve years of legal uncertainty for XRP.

Key Points

1. The SEC has scheduled a closed-door meeting for July 10, 2025, leading to speculation about the possible withdrawal of its appeal in the Ripple lawsuit.

2. Former SEC lawyer Marc Fagel cautioned against expecting major announcements from the SEC over the weekend, noting the agency is not operational on Saturdays.

3. Some speculate that XRP's price could surge if the lawsuit ends, especially with potential ties to Fedwire's upgrade to a DLT-based system and ISO 20022 adoption.

4. Ripple CEO Brad Garlinghouse announced Ripple is dropping its cross-appeal, and the SEC is expected to withdraw its appeal, effectively closing the case.

5. The end of the lawsuit is seen as a win for Ripple and the crypto industry, potentially leading to new market products like spot XRP ETFs and boosting XRP's price and adoption.

Description

The post SEC’s July 10 Meeting Could Be a Turning Point in Ripple vs SEC Lawsuit appeared first on Coinpedia Fintech News The U.S. SEC has announced a closed-door meeting scheduled for July 10, reigniting speculation around the long-standing XRP lawsuit. The official agenda mentions “enforcement matters,” prompting hopes that this could mark a significant development, possibly even the end of the SEC’s appeal against Ripple Labs. While nothing has been confirmed, the crypto community is watching...

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