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Ripple’s Chris Larsen to Meet SEC Chair Paul Atkins

Ripple’s Chris Larsen to Meet SEC Chair Paul Atkins

BitcoininfonewsBitcoininfonews2025/05/01 21:00
By:Bitcoininfonews
What to Know:
  • Ripple’s Chris Larsen and SEC Chair Paul Atkins scheduled to meet on May 2, 2025.
  • Potential XRP regulatory status settlement discussions.
  • High market excitement around possible XRP ETF approval.
Ripple’s Chris Larsen to Meet SEC Chair Paul Atkins

Ripple seeks regulatory clarity in SEC meeting

Chris Larsen, Ripple’s Executive Chairman, is set to meet SEC Chair Paul Atkins on May 2, 2025, in Washington.

Ripple Seeks Regulatory Clarity in SEC Meeting

Ripple’s Executive Chairman Chris Larsen is engaging with SEC Chair Paul Atkins, aiming for regulatory clarity on XRP . The meet follows Atkins’ recent pro-crypto statements urging the SEC to foster innovation. Atkins, known for his pro-business stance, may support a resolution favorable to XRP.

Paul Atkins, SEC Chair, remarked, “The SEC should stop holding back crypto growth and should work on developing clear, supportive rules” ( Coindesk ).

XRP Price Rises 3% Amid Market Optimism

The market has shown a positive reaction, with XRP’s price increasing by 3% amid optimism. There’s high anticipation for a potential SEC-approved XRP ETF and new institutional involvement.

Financial implications are significant, as institutional adoption could grow with the launch of XRP ETFs and futures, boosting market liquidity and confidence.

Shift Towards Settlement Under Paul Atkins

Past SEC actions against crypto firms led to prolonged uncertainty. However, Atkins’ leadership has seen a trend towards settlements, signaling more cooperative regulatory approaches.

Experts predict increasing institutional interest, leading to broader crypto market integration. Historical trends suggest price spikes following regulatory clarity, especially if the meeting yields positive outcomes for XRP.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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