On March 26, during the DC Blockchain Summit, SEC Commissioner Hester M. Peirce outlined a seven-point plan targeting regulatory inefficiencies in cryptocurrency oversight.

Peirce suggested empowering current regulators, enforcing federal preemption, and ensuring legal clarity for various crypto asset classifications.

XRP is trading within the range of 2.11 USD to 2.13 USD, indicating significant market fluctuations driven by trader activity.