The XRP community is hopeful for a positive outcome after news of an SEC meeting.
The SEC’s Closed-Door Meeting
The Sunshine Act Notice highlights a key event in the XRP case. The U.S. Securities and Exchange Commission has scheduled a confidential meeting for Thursday, March 27, 2025, at 2:00 p.m. Such meetings typically involve discussions on sensitive matters.
Potential Timeline for the Appeal Announcement
Experts speculate that the March 27 meeting could be a crucial moment when the SEC might vote to withdraw the appeal against Ripple. Official announcements are expected to follow within 1-3 business days.
Impact of SEC Leadership Change
The appointment of new SEC Chair Paul Atkins may influence the commission's decision in the Ripple case and approach to crypto regulation.
The SEC's decision on the XRP lawsuit could be a significant step in cryptocurrency market regulation.