XRP News Today: SEC’s Crypto Stance Shifts—What It Means for XRP
- Binance Case: The SEC and Binance jointly filed a motion on February 10, requesting a 60-day stay, citing the Crypto Task Force’s potential influence on a resolution.
- Coinbase Case: The SEC requested a 28-day extension to respond to Coinbase’s (COIN) motion for an interlocutory appeal. The SEC also referenced the Crypto Task Force and the possibility of a resolution.
These court filings have fueled optimism that the SEC may withdraw its appeal in the Ripple case. However, the SEC could wait for Paul Atkins’ confirmation before any court action. Ripple must file its appeal-related reply brief by April 16. The deadline could come after Atkins’ confirmation, allowing acting Chair Uyeda and Commission Peirce to prioritize other…