XRP Investors Pin Hopes on August 1 SEC Meeting for Regulatory Clarity
- XRP Army awaits the SEC’s August 1 meeting and Judge Torres’ impending ruling.
- They expect final judgment in the SEC and Ripple case as early as this week.
- XRP price shows an 8% increase amid legal uncertainty and market optimism.
Anticipation dampened last week as the keenly followed SEC close-door meeting, rumored to involve a potential settlement with Ripple, ultimately failed to deliver any significant updates on the case. However, the XRP Army is now shifting its focus to another upcoming SEC closed-door meeting scheduled for August 1.
Similar to the previous meeting, the agenda for the August 1st gathering includes a range of topics, such as the institution and settlement of injunctive actions and administrative proceedings in ongoing litigations.
Meanwhile, speculation is swirling on X that Judge Analisa Torres is pushing to deliver a final judgment in the protracted legal battle between the SEC and Ripple as early as this week. While the likelihood is low, a final court verdict in the case is nonetheless imminent, as affirmed by Ripple CEO Brad Garlinghouse.
The post XRP Investors Pin Hopes on August 1 SEC Meeting for Regulatory Clarity appeared first on Coin Edition.