The U.S. Securities and Exchange Commission (SEC) canceled a highly anticipated closed-door meeting, leading to a notable price drop for XRP. The cancellation has fueled speculation regarding a potential settlement in the ongoing Ripple vs. SEC lawsuit, sending ripples through the cryptocurrency market.
The Canceled SEC Meeting
The SEC was scheduled to hold a closed-door meeting on July 18, which many speculated might lead to a settlement in the high-profile lawsuit against Ripple.·
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