Ripple strikes again! SEC holds urgent meeting overnight, will XRP completely shed its securities identity? ⚖️

🔥 Latest developments:

• Ripple's legal team issues a supplementary letter, directly pointing out SEC's regulatory loopholes

• Citing the judge's historic ruling: secondary market XRP ≠ securities

• Suggesting the establishment of a "safe harbor" to protect compliant projects

💡 Core controversy:

SEC commissioner poses a crucial question: "When will cryptocurrencies no longer be securities?"

Ripple provides three key standards:

✅ Issuer's commitments have been fulfilled

✅ Holders have no recourse

✅ Network is sufficiently mature (not merely "decentralized")

🚨 Industry earthquake warning:

If Ripple's proposal passes, it will create a historic precedent:

• Over 90% of cryptocurrencies could shed the "securities" label

• Exchanges listing coins will have clear legal bases

• U.S. cryptocurrency regulatory deadlock could be resolved