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Ripple to cease XRP reviews after SEC ‘used transparency against it’

Crypto & NFTsRipple to cease XRP reviews after SEC ‘used transparency against it’

Ripple has introduced plans to “sunset” its quarterly reviews and alter the way in which it reviews its XRP holdings after earlier transparency efforts had been used in opposition to it by the Securities and Alternate Fee (SEC).

In line with the corporate’s Q1 2025 XRP Market Report, it launched the quarterly reviews to “provide transparency into Ripple’s XRP holdings” and to “offer insights that few others in the industry were willing to share.”

Nonetheless, the report claims that this reporting “has not had the intended effect” and that “Ripple’s transparency has been used against the company — most notably by former SEC leadership.”

It has not but been introduced precisely what type the new-look reporting will take, however CEO Brad Garlinghouse took to X to reassure these with an curiosity in Ripple and XRP.

“Our commitment to transparency doesn’t change with this evolution — we will continue to publish our XRP holdings on http://ripple.com/xrp,” he wrote.

He added, “Ripple & XRP-related ongoing updates will also be shared through existing social channels, rather than collated for a single, end-of-the-quarter update.”

Q1’25 was an unbelievable quarter for Ripple, with our acquisition of Hidden Highway and finish to the SEC case, to not point out institutional curiosity in XRP ETPs globally.

Transferring ahead, the XRP Markets Report will look a bit of totally different. As some might keep in mind, the target of… https://t.co/0f9oarmi70

— Brad Garlinghouse (@bgarlinghouse) Could 5, 2025

Ripple’s Q1 report additionally states that it’s going to publish “additional perspectives and insights” as extra establishments interact with XRP.

Final month, the SEC filed a joint movement with Ripple to pause its enchantment in opposition to the agency. The movement sought to succeed in a “negotiated resolution” to the 2020 case that alleged that Ripple’s XRP token was unregistered.

The case nearly concluded in 2023 with a ruling that principally favored Ripple. Nonetheless, the SEC appealed this choice in 2024.

It was additionally revealed final month that Ripple Labs donated $4.9 million to Donald Trump’s January inauguration, simply three months earlier than the SEC started pausing appeals and decreasing fines in opposition to the agency.

Protos has contacted Ripple to search out out extra in regards to the precise type its revamped reporting will take and can replace if we hear again.

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