Ripple adjusts the disclosure method for XRP, stating that transparent information was previously used by the SEC.

WuSaidBlockchainW · 2025-05-06T17:22:37+00:00

Ripple announced that it will stop publishing quarterly reports on the XRP market and adjust its holdings disclosure method, as previous disclosure information has been used by the SEC as a basis for enforcement. The first quarter report of 2025 pointed out that this approach did not achieve the expected results, and the company's transparency was used by former SEC leaders to the company's detriment. Although the new disclosure format has not been announced, the CEO stated that information will continue to be updated through the official website and social channels.

WuSaidBlockchainW

2025-05-06 17:22:37

Abstract generation in progress

Ripple announced that it will stop releasing quarterly XRP market reports and adjust its XRP Holdings disclosure method, as the information previously disclosed proactively to enhance transparency was used by the U.S. Securities and Exchange Commission (SEC) as a basis for enforcement. The company noted in its first-quarter 2025 report that this practice “did not achieve the desired effect” and stated that “Ripple’s transparency was used against the company by the former SEC leadership.” Although the specific new disclosure format has not yet been announced, CEO Brad Garlinghouse stated that the company will continue to update relevant information through its official website and social channels. (Protos)

XRP-1,93%

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