WHAT WILL HAPPEN NEXT #XRP

On Monday, June 9, the SEC will hold its next round table on crypto regulation, potentially discussing the ongoing Ripple case. According to the agenda, SEC Chair Paul Atkins and SEC Commissioners Caroline Crenshaw, Mark Uyeda, and Hester Peirce are on the docket to deliver opening remarks

On Monday, June 9, the SEC will hold its next round table on crypto regulation, potentially discussing the ongoing Ripple case. According to the agenda, SEC Chair Paul Atkins and SEC Commissioners Caroline Crenshaw, Mark Uyeda, and Hester Peirce are on the docket to deliver opening remarks.

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“This settlement, alongside the programmatic disassembly of the SEC’s crypto enforcement program, does a tremendous disservice to the investing public and undermines the court’s role in interpreting our securities laws. This is not a settlement I can support.”

With the SEC having dropped other high-profile cases, including lawsuits against Coinbase (COIN) and Binance, this may be the Commissioner’s opportunity to voice discord against the SEC’s changing attitudes toward crypto regulation.

Since the US Court of Appeals granted a joint motion to put the SEC’s appeal on ice to allow both parties to settle, Judge Analisa Torres rejected a motion for an indicative ruling on settlement terms. Judge Torres denied the motion, citing procedural errors and inadequate arguments that a settlement serves the public and institutional investors.