CandleFocus XRP Jumps 20% Amid SEC’s Major Policy Change on Crypto Investigations
2025-02-04
Author: Content Editor
The U.S. Securities and Exchange Commission (SEC) has implemented a new policy that requires lawyers to get approval from politically appointed leadership before initiating crypto-related investigations. This change represents a shift in the SEC's procedures under the new leadership of President Donald Trump's administration. The agency is currently operating with only three members, with two Republicans and one Democrat. Former SEC lawyer Marc Fagel reacted positively to the news, stating that it would lead to the SEC moving more slowly. In response to this news, XRP has surged by 19.90% in the last 24 hours, reaching a price of $2.71.
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