The Ripple vs. SEC lawsuit continues to capture the crypto community’s attention, even as excitement builds around Donald Trump’s TRUMP memecoin launch.
With Trump’s inauguration and the appointment of a new SEC Chair, many in the XRP community are hopeful for progress in the case, though legal experts warn of potential delays.
Securities attorney Marc Fagel predicts the lawsuit could drag on for another 10 months. However, with the incoming administration under President Trump, there is speculation that a settlement could be expedited if the new SEC leadership, potentially Paul Atkins, decides to drop the appeal.
This renewed focus on the case emerged alongside debates around Trump’s memecoin. While some, including Eric Trump, celebrated the token’s launch, Fagel criticized it as a “pyramid scheme.” Discussions quickly expanded to broader topics, such as crypto regulations and high-profile disputes involving Ripple and Elon Musk.
The resolution of the Ripple case could significantly influence the regulatory landscape. A win for Ripple might set a legal precedent for classifying digital assets as non-securities, potentially easing regulatory challenges for the industry. On the other hand, a loss could lead to stricter oversight, complicating the future for cryptocurrencies.
The ongoing case highlights the growing need for clear regulatory frameworks, with many urging Congress to address the gaps exposed by high-profile crypto developments like memecoin launches. As the case unfolds, its outcome could play a pivotal role in shaping the future of digital assets.
Binance Futures has announced the addition of two new USD-margined perpetual contracts, FUNUSDT and MLNUSDT, expanding the selection of trading pairs on its platform.
Japan’s Financial Services Agency (FSA) is working on a proposal to amend existing financial laws, aiming to bring cryptocurrencies under the same regulatory framework as traditional financial instruments.
South Korea’s crypto investor base has now surpassed 16 million, narrowing the gap with the number of stock investors in the country.
The U.S. Commodities Futures Trading Commission (CFTC) has taken a significant step by revoking a previous directive that had suggested stricter oversight of digital asset derivatives.