SEC Postpones Crucial Meeting with Ripple Labs ๐จ
The much-anticipated SEC meeting with Ripple Labs, initially scheduled for August 7, 2024, has been postponed to August 14, 2024. This closed-door meeting was highly anticipated by the XRP community, as it was believed to potentially involve discussions about a settlement in the ongoing lawsuit regarding the classification of XRP as a securityโ (DailyCoin)โ (SEC.gov).
Despite the delay causing a temporary drop in XRP's price ๐, this postponement does not necessarily signal a negative turn in the case. The extra time could be used for additional negotiations or addressing other priorities within the SEC ๐โ (DailyCoin)โ (SEC.gov).
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