ChainCatcher news, according to Coinedition, the U.S. Securities and Exchange Commission plans to hold a closed-door meeting next Thursday (July 18). Although the official agenda has not been disclosed, sources said that this meeting may address the Ripple lawsuit and potential settlements. According to the circulated internal notice, and considering the importance of Ripple and the multiple legal proceedings involved by the SEC, many in the crypto community speculate that this will become the focus. According to market data, XRP has risen 27% in the past week.
The court previously ruled that the SEC failed to prove that BNB's secondary sales were securities in the Binance case, winning legal support for Coinbase and Ripple. Coinbase and Ripple Labs are using the ruling to challenge the U.S. SEC's regulatory stance on cryptocurrencies.
