XRP News Today: SEC Hosts Final Crypto Roundtable Focusing on DeFi and XRP

The U.S. Securities and Exchange Commission (SEC) is hosting its final roundtable on cryptocurrency regulation for the year, with a particular focus on decentralized finance (DeFi) and its implications for Ripple's XRP. This event is significant as it comes at a time when the SEC is reshaping its approach to crypto regulation under new leadership, with Chair Paul Atkins indicating a more open dialogue and a potential shift in policy.

The roundtable, titled “DeFi and the American Spirit,” is taking place at the SEC headquarters in Washington, D.C. It brings together key industry leaders, legal experts, and advocates to discuss pressing questions surrounding crypto regulation. The main focus is on DeFi protocols, which operate without traditional financial intermediaries, using smart contracts for lending, borrowing, and trading. The SEC aims to understand these systems and determine whether existing financial rules can regulate them or if new laws are needed. Key concerns include investor protection, preventing scams, and ensuring the security of funds on these platforms.

Notable attendees include representatives from Wall Street DBA, Jito Labs, MetaLeX, and Coin Center. Speakers such as Michael Jordan from DBA, Rebecca Rettig of Jito Labs, legal expert Gabriel Shapiro from MetaLeX, and Peter Van Valkenburg of Coin Center will provide insights from various perspectives, including industry, legal, and advocacy viewpoints.

While the Ripple vs. SEC lawsuit is not officially on the agenda, many in the crypto community are hopeful that the roundtable will address this ongoing legal battle. The case, which involves the SEC's accusation that Ripple conducted an unregistered securities offering through the sale of XRP, is nearing a conclusion. Speculation is high that today's discussions could provide hints or direct references to the lawsuit, potentially impacting XRP's future. If the lawsuit is mentioned, it could significantly influence market sentiment and the price of XRP.

The roundtable is also occurring amidst broader economic data releases, such as U.S. inflation numbers, adding to the market's anticipation. Previous SEC meetings have had limited direct impact on prices, but the tone of this roundtable could be pivotal. Chair Paul Atkins has expressed a desire to create a more innovation-friendly environment, aiming to position the U.S. as a leader in crypto. If this sentiment is reflected in the discussions, it could mark a significant shift in how regulators approach the growing digital asset space, potentially leading to a more structured regulatory framework that balances investor protection with technological innovation.