SEC optimism, which potentially withdraws the appeal of XRP -dominated program sales, has promoted XRP demand. The nomination of Paul Atkins, a former SEC member of Trump, is nominated when the next SEC chair has gained momentum. Former SEC officials and legal experts believe that atkins will reverses the course of the institution’s cryptographic execution stance.
However, XRP returned from the highest price in December 2024 from $ 3.3999, as the investor was waiting for the ripple case to confirm the ripple case. Some market participants believe that Paul Atkins may delay the decision until Paul Atkins will be appointed.
Policy Shift -The United States shifts to the clarity of cryptography and bank access.
In a significant change in regulation, the SEC canceled the staff’s accounting bulletin (SAB) 121 and opened a door for banking -related services, including custody. SAB 121 demanded that a bank, including banks, holds encrypted assets in the balance sheet, even if the crew under customer custody. These regulations have expensive banks retaining their ciphers under the client’s detention, limit their encryption services and BTC demand.
Meanwhile, in January, the US President signed the Presidential Ordinance (EO) to promote the innovation of the US digital asset.
Institutional momentum -5 publishers applied for Spot XRP -ETF.
