Today, the Ripple community is focused on the SEC's closed meeting, from which the decisions could determine the future of the XRP case. Important regulatory steps are also awaited from the U.S. Congress.
SEC's XRP Decision May Reduce Regulatory Uncertainty
The cryptocurrency community hopes that the SEC will address the Ripple case, shedding light on whether XRP is a security. If the SEC formally withdraws its appeal, the market might react positively, paving the way for a clearer regulatory environment.
U.S. Congress Gathers for New Regulatory Initiatives
In addition to the Ripple case, the U.S. Congress meetings scheduled for April 9 are of considerable importance, as they will address regulatory gaps in the cryptocurrency market. A more robust regulatory framework could be a crucial threshold for the industry's future.
What's Next for Ripple and XRP Case?
While the community focuses on the SEC meeting's results, legal experts note that the Ripple case is not yet concluded. Fred Rispoli suggests that the court may need approximately two months to reach a final decision.
The cryptocurrency community eagerly awaits the outcomes from both the SEC meeting and the U.S. Congress announcements, which may significantly impact the market.
