XRP News Today: SEC Faces Key Deadline in XRP Legal Battle as Ripple Awaits Court Ruling

The U.S. Securities and Exchange Commission (SEC) is facing an imminent procedural deadline in its ongoing legal battle with Ripple Labs over the classification of XRP, as highlighted by legal expert Bill Morgan [1]. With just days remaining before the 15 August 2025 filing date with the appeals court, the SEC must decide whether to withdraw its appeal, seek an extension, or proceed with its current stance [1]. Ripple, which has already withdrawn its appeal, awaits a resolution after a settlement was rejected by U.S. District Judge Analisa Torres in early 2024 [1].

The case, which began in December 2020, hinges on whether XRP constitutes an unregistered security. Judge Torres ruled in 2023 that institutional sales of XRP were classified as securities, but programmatic sales on exchanges were not [1]. This partial clarity has led to growing institutional interest in XRP, with some companies incorporating it into their treasury assets [1]. XRP’s role as a low-cost, high-speed cross-border payment tool has also contributed to its increasing adoption [1].

Legal experts stress that the SEC’s next move could significantly influence the trajectory of the case and broader digital asset regulation in the U.S. [1]. A ruling in favor of the SEC could set a precedent that extends securities law to other tokens, increasing regulatory hurdles for issuers. Conversely, a decision supporting Ripple would reinforce the argument that certain tokens operate outside the traditional securities framework [1]. The outcome is expected to impact not only XRP but also the evolving legal and regulatory landscape for digital assets [1].

Market reactions have historically been volatile in response to developments in the case, reflecting uncertainty over potential regulatory shifts [1]. As the deadline approaches, investors and legal observers remain closely watching for any updates that could affect market sentiment or regulatory direction [1].

Source: [1] SEC v Ripple: SEC Has Just Days Left to Respond on XRP Case, Says Legal Expert – Legal Bitcoin News (https://news.bitcoin.com/sec-v-ripple-sec-has-just-days-left-to-respond-on-xrp-case-says-legal-expert/)