News View Non-AMP

XRP vs SEC: Expert Weighs in on Ripple Lawsuit Outcome After January 20

Published by
Anjali Belgaumkar

Ron Hammond from the Blockchain Association shared some thoughts on the future of the SEC under the leadership of Paul Atkins. In an interview with Tony Edwards of Thinking Crypto, when asked if the SEC might drop some non-fraud cases, like the ongoing Ripple lawsuit, Hammond expressed optimism. 

He believes there could be a push to settle cases like Ripple’s quickly, allowing the industry to move forward. However, he said that it’s still unclear exactly how Atkins will handle the current litigation. Still, there’s hope that the new leadership will speed up settlements and resolve cases that have been lingering in court for too long.

Clearer Regulations in the Future?

Hammond also said that while it’s not guaranteed, there is hope for clearer regulations under Atkins’ leadership. The SEC might finally settle some of the high-profile cases and provide the much-needed regulatory clarity the crypto industry has been waiting for. In addition to SEC action, legislation could also play a role in bringing clearer guidelines to the sector. However, this will take time, and the outcome remains uncertain.

Paul Atkins: The Next SEC Chair

Paul Atkins is expected to be confirmed as the next SEC chair by the end of January. Currently, he is working through the paperwork, with hearings on his nomination taking place in the coming weeks. Hammond speculates that Atkins will likely appear before the Senate Banking Committee either next week or the week after. A key issue during these hearings will be the stance of Senator Elizabeth Warren, a vocal critic of crypto. How much attention Warren gives to crypto during these hearings could influence the SEC’s approach to the indust1″ry in the coming years.

What’s Next for the SEC?

Hammond believes that Atkins is seen as a non-controversial pick, meaning his confirmation should move forward smoothly. Once confirmed, Atkins will work alongside key SEC staff like Hester Peirce and Mark Uyeda, who have been advocating for clearer regulations for years. With Atkins in place, the hope is that the SEC will finally provide the much-needed clarity for the crypto industry and work with Congress to pass meaningful legislation.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

XRP News Today: Ripple Transfers $498M to Unknown Wallet

Ripple recently moved over 230 million XRP, valued at around $498 million, to an unknown…

June 7, 2025

Donald Trump Earns $1.2B From Crypto

Donald Trump, often called “The Crypto President,” has reportedly earned over $1 billion from crypto…

June 7, 2025

SUI Price Gears Up for a Breakout: Here are the Key Levels to Watch Following the Golden Cross

The SUI price triggered a strong reversal before the daily close, pushing the levels back…

June 7, 2025

Ethereum (ETH) Price Prediction: Can Rising Demand from BlackRock Fuel Bullish Momentum?

Ethereum (ETH) price experienced a similar volatility to Bitcoin (BTC) in the past 24 hours,…

June 7, 2025

Bitcoin (BTC) Price Analysis: Dead Cat Bounce or Full Blown Rebound?

After a major downfall in the relationship between the two most powerful pro-crypto individuals, Elon…

June 7, 2025

World Liberty Announces Strategic Acquisition of Official Trump ($TRUMP) and the Closure of Trump Meme Wallet

Eric Trump, the Executive Vice President of the Trump Organization, has announced a strategic partnership…

June 7, 2025