SEC Postpones Crucial Meeting with Ripple Labs 🚨
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 security (DailyCoin) (SEC.gov).
Despite the delay causing a temporary drop in XRP's price 📉, 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 📆 (DailyCoin) (SEC.gov).
For more details and ongoing updates, stay tuned to reliable crypto news sources.