According to recent developments, the U.S. Securities and Exchange Commission (SEC) is making regulatory changes in the crypto industry but remains silent on the long-standing XRP lawsuit.
The SEC has reportedly decided to stop requiring crypto firms to register as trading systems, signaling a potential shift in its stance toward digital assets. However, the agency has not moved to resolve its case against Ripple and XRP, leaving the crypto community in suspense.
A post on X from Watcher sparked the market reaction. Guru (@WatcherGuru) stated, “SEC will stop requiring crypto companies to register as trading systems.” This development has led to intense discussions within the crypto industry, with many wondering what this means for Ripple and XRP.
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Growing Frustration Among Crypto Enthusiasts
Multiple industry members are alarmed about the lengthy SEC vs Ripple dispute. Crypto market experts, alongside financial investors, worry that the Securities and Exchange Commission has chosen to handle other regulatory tasks instead of addressing this significant case.
According to tweets from key figures in the crypto space, the sentiment of frustration is evident. Zach Rector (@ZachRector7) pointed out that the SEC appears to be addressing various regulatory matters while leaving the XRP case unsettled, stating, “SEC doing everything besides settling the XRP Case, Saving the best for last.”
MarketKapKiller (@MarketKapKiller) reacted to the delay, describing the situation as “getting ridiculous.” Another crypto enthusiast, Dead Guy (@DeadGuysCrypt), suggested it might be time to push for action and propose a petition.
WeAreAllSatoshi (@weareallsatnaka) speculated that there might be a specific reason why Ripple is being “saved for last,” though no official explanation has been provided.
Social media discussions demonstrate increasing frustration among community members. According to market analysts, the legal status of Ripple remains important for the entire crypto market, so they want to see an urgent resolution.
A settlement or final court decision can clarify regulator digital asset classifications. This long-running legal battle stands at the forefront of the U.S. regulatory dispute over crypto assets and continues to affect the overall cryptocurrency regulatory discussion.
Conclusion
The SEC’s decision to halt trading system registration requirements signals a potential shift in crypto regulation. However, the lack of resolution in the XRP case continues to raise concerns among investors and industry participants.
As regulatory developments unfold, the crypto community awaits further clarity on the lawsuit, which could shape the future of digital asset regulations.
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