• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

First Closed SEC Meeting Under Chair Mark Uyeda

user avatar

by Giorgi Kostiuk

2 months ago


The U.S. Securities and Exchange Commission will hold its first closed meeting under acting chair Mark Uyeda. The agenda includes discussions on lawsuits and other matters.

SEC Meeting Agenda

The meeting, scheduled for Thursday, will involve commissioners, the counsel to the commissioners, the commission’s secretary, and recording secretaries. The agenda includes the institution and settlement of injunctive actions, administrative proceedings, litigation claims resolution, and other matters related to examinations and enforcement.

Court Ruling on Ripple Case

This meeting comes shortly after Judge Torres's recent decision in the case involving the SEC and Ripple. The court ruled that certain distributions of XRP do not count as securities since there was no investment of money involved. Despite this ruling, the SEC has filed an appeal, arguing that the court made errors in its decision, particularly regarding XRP’s classification when sold on digital asset exchanges.

Industry Experts' Opinions

Industry experts, including John Deaton, are calling for the case to be dismissed, especially in light of the shifting political landscape. Some suggest that a settlement between Ripple and the SEC is possible, which could clarify certain issues while leaving others unresolved. Metalawman recently said it is likely the SEC will soon release the Inspector General's report regarding Bill Hinman’s conflicts of interest. He expressed confidence that there is no reason for this act of transparency to be delayed until Paul Atkins’ arrival.

Reacting to the same, Deaton said, “Releasing the IG report is an important and necessary step moving forward. If the people in charge don’t support releasing the report then they’re arguably no better than the ones before them.”John Deaton

As the crypto industry continues to grow, public and private sector pressure may influence the SEC’s approach to enforcement-driven regulation.

0

Share

Other news

Fear and Greed Index Drops: Impact of Trump's Tariffs on Crypto Market

The Fear and Greed Index fell to 25 after Trump's tariff announcement, impacting the crypto market.

user avatarGiorgi Kostiuk

5 minutes ago

Galaxy Digital Strengthens with FCA License for UK Derivatives Trading

Galaxy Digital secures FCA license for UK derivatives trading, bolstering its position in the digital asset market.

user avatarGiorgi Kostiuk

5 minutes ago

Arctic Pablo Coin: Leading Meme Coin of 2025

Arctic Pablo Coin ($APC) is a promising meme coin with a unique narrative. We explore its potential and compare it to SPX6900.

user avatarGiorgi Kostiuk

6 minutes ago

AI Brings Back Voice to Paralysis Patient After Stroke

AI restores speech to paralyzed patient, creating new avenues in medicine and communication.

user avatarGiorgi Kostiuk

6 minutes ago

Brain implants by Neuralink seek global trial participants

Elon Musk seeks quadriplegic patients for testing its brain-computer interface.

user avatarGiorgi Kostiuk

6 minutes ago

Remittix: A New Hope for Ethereum and Polygon Investors in 2025

Remittix attracts attention with its utility, raising over $14.3 million in presale.

user avatarGiorgi Kostiuk

26 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.