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Reading: Resolve Ripple Case Now That ‘Project Crypto’ Is Underway
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EdaFace Newsfeed > Latest News > Crypto News > Resolve Ripple Case Now That ‘Project Crypto’ Is Underway
Crypto News

Resolve Ripple Case Now That ‘Project Crypto’ Is Underway

vitalclick
Last updated: August 1, 2025 5:17 pm
7 hours ago
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Contents
Will the SEC Drop its Appeal with Ripple Amid Project Crypto? Important Highlights of Project Crypto Never Miss a Beat in the Crypto World!FAQsShare this crypto insight with your network!
Why Ripple vs SEC Lawsuit Could Finally End in 2025

On July 31, Paul Atkins, the Chair of the Securities and Exchange Commission (SEC), unveiled the “Project Crypto.” It is an initiative to modernize the securities rules and regulations to allow for crypto-based trading in the United States’ financial markets. 

Now that Project Crypto is favoring clearer guidelines and regulatory boundaries, crypto experts are hoping that the SEC will implement its words into action and resolve the long-standing Ripple case.

Will the SEC Drop its Appeal with Ripple Amid Project Crypto? 

One of the key goals of Project Crypto is to enhance innovation in America with cryptocurrency. However, industry experts believe that the SEC is punishing innovation by delaying the Ripple case. Currently, the case has approached a critical point, and the agency is expected to submit a status report by August 15, 2025. 

Ripple has already done its part by dropping its cross-appeal and paying $125 million in penalties in June, as part of the settlement strategy. Now, the case requires a vote from an SEC commissioner, which may force an appeal withdrawal. 

If the agency ultimately decides to withdraw, Judge Torres’s ruling will become final, formally establishing that XRP is not a security when sold on public exchanges. 

Dear @SECPaulSAtkins,

Please resolve the Ripple case, and put words into action. Show that your group are not punishing innovation anymore. Show that there is no more fear and uncertainty. Show everyone that the SEC is genuinely rewriting the wrongs they did under bank cabal… https://t.co/wvwUBQ39z3

— Vincent Van Code (@vincent_vancode) July 31, 2025

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  •   ,

Important Highlights of Project Crypto 

  • Atkins urged the SEC staff to provide clear guidelines on crypto classification. He seeks to give proper definitions when a cryptocurrency is a security or subject to an investment contract. Additionally, the agency will explore exemptions and safe harbor for crypto securities transactions. 
  • Project Crypto will also explore the crypto custody field— adapting existing rules for custody to accommodate crypto and make changes if required. 
  • Atkins said that the SEC will also support the super apps as businesses that offer various services under one license. It will save the agency from regulating fifty-plus state licenses. 
  • SEC is also expanding the innovation— allowing both registered and unregistered entities to quickly bring offerings to the market, even where they don’t neatly fit with existing regulations. 

Chair Atkins stated, “We will not watch from the sidelines. We will lead. We will build. And, we will ensure that the next chapter of financial innovation is written right here in America.”

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

What is the SEC’s Project Crypto?

SEC Chair Paul Atkins unveiled Project Crypto to modernize rules for crypto trading, custody, and securities classification, prioritizing innovation.

Could Project Crypto impact the Ripple case?

Yes—if the SEC drops its appeal by August 15, Judge Torres’ ruling that XRP isn’t a security on exchanges could become final.

How will Project Crypto help crypto businesses?

It may reduce state licensing burdens, allow flexible offerings, and provide clearer compliance paths for crypto securities and custody.

Share this crypto insight with your network!

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