XRP vs SEC News: Ripple’s Exec Chairman To Meet SEC’s Paul Atkins? 

Monicah W

The post XRP vs SEC News: Ripple’s Exec Chairman To Meet SEC’s Paul Atkins?  appeared first on Coinpedia Fintech News

A high-stakes meeting is set to take place soon, which could be a turning point in the crypto industry. Ripple’s Executive Chairman and co-founder, Chris Larsen, is all set to meet with the new SEC Chair, Paul Atkins, on May 2, 2025. 

With crypto rising as a priority under the Trump administration, the meeting could be a key development for Ripple, XRP, and the crypto industry.

Atkins, who has been the former SEC Commissioner, has already expressed his support for blockchain innovation. At a recent roundtable conference on April 25, he said that the SEC should stop holding back crypto growth and should work on developing clear, supportive rules. 

What To Expect From the Meeting?

The agenda for the meeting is not confirmed yet, however, a settlement or resolution of the SEC vs Ripple case is expected. This could set a precedent for how other digital assets are treated in the future.

The possible outcomes could include clarifications on whether XRP is a security, which has been a long-debated issue. There could also be a discussion on how blockchain can improve global payments, which would increase XRP’s adoption. 

The pro-crypto SEC Chair has also expressed interest in creating a regulatory sandbox for crypto, which will allow companies to test new ideas without strict rules, helping more blockchain projects grow in the U.S.

XRP ETF Approval Chances Rise to 85%

With the crypto market recovering after the recent tariff turmoil, excitement around ETFs is growing. Recently, Bloomberg ETF analyst Eric Balchunas shared a report suggesting that XRP has an 85% chance of ETF approval by the SEC in 2025. 

XRP could be set for a breakout ahead. It is currently trading at $2.23, up over 3% in the past 24 hours. 

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Shark Tank’s Kevin O’Leary Slams Senator Warren Over GENIUS Act: “Un-American and Dangerous”

The post Shark Tank’s Kevin O’Leary Slams Senator Warren Over GENIUS Act: “Un-American and Dangerous” appeared first on Coinpedia Fintech News

Shark Tank investor and Canadian businessman Kevin O’Leary is firing back at Senator Elizabeth Warren over her opposition to the GENIUS Act –  a bipartisan bill designed to regulate stablecoins in the United States.

O’Leary didn’t hold back, calling Warren’s stance “dangerous” and “un-American,” accusing her of blocking financial innovation by turning the bill into a political weapon against Donald Trump.

O’Leary: Warren Is Politicizing a Vital Crypto Bill

As crypto regulation becomes a bigger part of U.S. policy, O’Leary argues that Warren is distracting from the GENIUS Act’s core purpose. He says the bill is about modernizing the American financial system through properly regulated stablecoins – not about Trump or meme coins.

In a post on X, O’Leary stressed that the bill has nothing to do with Trump and warned that dragging politics into the conversation could hurt the country’s ability to lead in global finance.

According to him, the GENIUS Act is a step toward strengthening the U.S. dollar’s role in digital payments around the world. He believes Warren’s opposition risks slowing innovation and letting countries like China pull ahead in the race for financial dominance.

“This is about establishing the U.S. dollar as the default currency for global price discovery,” O’Leary said, dismissing Warren’s claims as “completely deranged.”

Warren’s Opposition to the GENIUS Act

Senator Warren opposes the bill, citing its ties to a $2 billion MGX-Binance deal involving USD1 which is a Trump-linked stablecoin. 

She cautions that exemptions for senior officials, including the president, could give birth to corruption, claiming the bill risks “greenlighting the grift.” 

Warren argues that the bill could allow Trump to regulate his own financial product, undermining transparency and public trust.

GENIUS Act Moves Forward with Bipartisan Support

Despite Warren’s strong pushback, the GENIUS Act recently passed a key Senate hurdle. Several Democrats who were initially skeptical have now supported a revised version of the bill.

The bipartisan support signals growing momentum for establishing clear regulations for stablecoins – something many in the industry believe is essential for the future of digital finance in the U.S.

You can best believe that the debate is not over. 

The post Shark Tank’s Kevin O’Leary Slams Senator Warren Over GENIUS Act: “Un-American and Dangerous” appeared first on Coinpedia Fintech News
Shark Tank investor and Canadian businessman Kevin O’Leary is firing back at Senator Elizabeth Warren over her opposition to the GENIUS Act –  a bipartisan bill designed to regulate stablecoins in the United States. O’Leary didn’t hold back, calling Warren’s stance “dangerous” and “un-American,” accusing her of blocking financial innovation by turning the bill into …