Recent developments in the US Third Circuit Court regarding the Coinbase lawsuit represent a significant setback for the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. The court’s decision highlights the SEC’s failure to provide adequate transparency in denying Coinbase’s request for crypto-specific regulations. This ruling raises critical questions about Gensler’s enforcement policies and the overall regulatory framework for cryptocurrencies. As debates intensify, XRP lawyers are demanding urgent reforms within the SEC to improve its approach to digital assets. The court ruling not only challenges the SEC’s authority but also emphasizes the need for clearer guidelines for the crypto industry. Stakeholders are now pushing for an overhaul that aligns regulatory practices with the rapidly evolving landscape of digital assets.