Post
Topic
Board Altcoin Discussion
Re: Feb 22 & XRP, what do you think will happen?
by
Desscount
on 18/02/2021, 07:38:46 UTC
There's a lot of speculation about February 22 which the two sides, Ripple and SEC will meet up ( https://www.coindesk.com/ripple-to-meet-with-sec-in-first-pretrial-conference-on-feb-22 )

What do you think will be the outcome?

Some say they already came to an agreement.
Others say its just the beginning.




To be honest, I think that the case is really just beginning to unfurl. The SEC isn't the one to play games when it comes to regulations and they have taken out way too many projects over the years.  The market shows ripple making big moves despite the ongoing court battle with the long financial arm of the United States government. I wanted to jump in on the trading of XRP, but I think I personally well hold off into the final court decision on whether XRP coin is a security or utility coin.
Hopefully, with the meeting between XRP and the SEC there will be clarity,
because XRP holders also hope that the problem can be resolved as soon as possible,
I think your decision is right and it is better for you to refrain from engaging in XRP trading,
let's see what the outcome of the meeting will be