
April 29th, 2025
Blockchain giant Consensys appeals to SEC Commissioner Peirce, presenting four key arguments against classifying DeFi protocols as crypto exchanges amid ongoing regulatory disputes.
Following SEC’s dismissal of the Coinbase case, attention turns to the complex Ripple lawsuit, with Trump’s administration showing support while legal hurdles remain for swift resolution.
In a significant development for the crypto industry, the SEC plans to fully dismiss its 18-month litigation against Coinbase, with no fines or operational changes required from the exchange.
After successfully rebounding from the 2021 ATH, XRP is now well-positioned to enter its price discovery phase for the 2025 bull rally.
“If I can hold that, if I can self-custody that, if it pays me interest, and I can actually use it to transact, what do I need a bank for?” – Mike Cagney, CEO of Figure.
The SEC transitions from its Crypto Assets unit to CETU, a specialized team focusing on emerging tech fraud prevention and investor protection initiatives.
The US SEC voluntarily withdrew its appeal against a ruling that blocked its attempt to apply securities laws to DeFi projects, signaling a potential shift in its regulatory approach.
The highly anticipated end of the Ripple vs SEC lawsuit under the Donald Trump administration will further fuel XRP bullish growth toward price discovery.
Former SEC enforcement chief John Reed Stark has suggested that the US SEC may pause its appeal in the Ripple lawsuit, signaling a broader retreat from aggressive crypto enforcement.
The XRP community is optimistic as Elon Musk’s DOGE reviews the SEC, fueling hope for regulatory reform and a potential XRP price rally.
XRP price gained 12 percent last week to trade at about $2.68 on Monday, thus overtaking Tether’s USDT in market valuation.
The SEC is considering two options such as allowing a portion of ETF assets to be staked via validators or issuing liquid staking tokens that represent staked assets.
The SEC, previously dismissive of similar proposals, appears more open under the current administration.
Eleanor Terrett revealed that the SEC and CFTC are in discussions to collaborate on crypto regulation as uncertainty prevails in the market.
The SEC’s delay in decisions, combined with leadership shifts, has led to speculation about the agency’s strategy and its impact on Ripple’s case and XRP price.