New SEC Leadership Rekindles Expectations: XRP Case Appeal May Have Different Outcome
- SEC in transition could facilitate deals in the crypto sphere
- XRP Gains Momentum as Feature Possible End
- New leader suggests more flexible stance on legal disputes
The transition from Gary Gensler to Paul Atkins as chairman of the US Securities and Exchange Commission (SEC) has been generating optimism in the cryptocurrency sector. In August, Ripple was fined $125 million, and many believed that the case would be over. However, the SEC was not satisfied and appealed in October, claiming that there were still decisive points for the court to review.
At the time of publication, the price of XRP was quoted at $2,43 with a drop of 0.8% in the last 24 hours.
Now, with the imminent appointment of Atkins, who has long criticized so-called “regulation by enforcement,” expectations are growing that the agency may adopt a less stringent approach. There is speculation that some ongoing cases may be curtailed or even terminated, especially those deemed less relevant or not involving obvious fraud.
In an interview with Thinking Crypto, Amanda Tuminelli, from the DeFi Education Fund, pointed out that “dropping lawsuits completely might not be immediate,” but believes in a possible change in approach. For her, the SEC may resort to “consent decrees,” a type of agreement that provides for direct negotiations between the parties, with judicial monitoring to ensure compliance with the terms.
In this scenario, both experts and enthusiasts suggest that an eventual settlement or end to the litigation would have a positive impact on the value of XRP. If the SEC drops the appeal, the climate of confidence in the market could strengthen, indicating a more friendly view of cryptocurrencies. This bet reinforces the idea that, under Atkins, the regulatory body could offer clearer guidelines, benefiting projects seeking a well-defined legal path in the United States.
Still, there is no consensus on when significant changes will occur. Some predict that the new administration will prefer negotiated resolutions to avoid prolonging costly and draining disputes. Others believe that the lawsuits will continue until a judicial resolution, although with a greater willingness to settle.
The fact is that the fate of the dispute between the SEC and Ripple will be closely monitored, as its developments may influence not only
the future of XRP, but also shape the regulatory treatment applied to other cryptocurrencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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