XRP News Today: Uyeda’s Stance on Non-Fraud Crypto Cases Fuels Optimism; BTC at $105K
Explore our expert analysis here on the SEC’s next move and its implications for XRP’s future.
Bitcoin Responds to Shifting US Crypto Regulatory Landscape
Meanwhile, bitcoin (BTC) extended its post-Trump inauguration rally as investors reacted favorably to the latest SEC maneuvers. The increased regulatory activity aligned with President Trump’s pro-crypto agenda, fueling speculation about a US Strategic Bitcoin Reserve (SBR).
Markets also anticipate a wave of crypto-related executive orders, including potentially repealing Joe Biden’s veto of the bipartisan vote to withdraw the SEC’s Staff Accounting Bulletin 121 (SAB 121).
SAB 121 is an SEC requirement for companies, including banks, to…
