The U.S. Securities and Exchange Commission (SEC) is holding its first closed meeting since Chair Gary Gensler left. The meeting will address various matters, including the institution and settlement of enforcement actions and litigation claims. There is speculation that the SEC may drop some non-fraud cryptocurrency enforcement actions. Ripple, for example, expects the ongoing appeal case against it to be dropped. Additionally, the agency has launched a new crypto task force to develop a regulatory framework for digital assets, which has been well-received by the industry.



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