In a highly anticipated turn of events, the closed-door meeting between Ripple and the SEC scheduled for today was abruptly canceled, leaving stakeholders in suspense. Analysts had speculated that a resolution to the long-standing lawsuit might emerge from this session. However, both parties remained tight-lipped about the reasons behind the cancellation, raising more questions than answers.
The potential impact of regulatory delays on XRP investors remains unclear as the case drags on. The uncertainty surrounding the lawsuit has implications for the future of Ripple and its native cryptocurrency, XRP.
Both Ripple and SEC's silence on the reasons for the meeting cancellation adds to the growing anxiety among investors. This development is seen as a significant blow to those hoping for a swift resolution.
