Will Coinbase Relist XRP? Exchange Legal Chief Responds
XRP Lawsuit: Coinbase, U.S. biggest crypto exchange is seeking a regulatory green flag from the top financial regulator, Securities and Exchange Commission (SEC). The latest meeting among Coinbase and Ripple Chief Legal Officers has sparked a trend of XRP listing on the crypto exchange. Coinbase legal chief has responded to this query.
Also Read: Coinbase Legal Head Meets Ripple Chief Legal Officer; Sparks XRP Relisting Trend
XRP Coinbase Relisting, Possible Or Not?
In a recent interview, Paul Grewal, Coinbase’s legal chief explained the possibility of relisting XRP on Coinbase. The host asked Grewal that if the District Court decides that secondary market sales of Ripple’s XRP token are not securities, how would that affect the relisting of XRP token?
To this Coinbase legal chief highlighted that they continuously evaluate and reevaluate the listing of tokens. The nature of XRP was subject to litigation and 2 years later the matter is still subject to ligation, he added.
Read More XRP Lawsuit News Here…
He mentioned that lot of key industry players are waiting for a verdict in the XRP lawsuit. However, whatever the court rules out, Coinbase will be following the appeal after that and it completely depends on the court’s determination. Post the courts ruling the exchange can think about relisting XRP, while Coinbase is eagerly waiting for the decision to do that.
Earlier, Coingape reported that Ripple and Coinbase legal chiefs had a meeting on Wednesday. Both executives called this meeting critical. It should be noted that this cryptic meet has landed when both key players are calling out US SEC for providing regulatory clarity around cryptocurrencies.
Also Read: US SEC Asked To Reply In 10 Days To Coinbase Complaint
- October Fed Rate Cut Odds Rise After Weak U.S. Labor Data, Bitcoin Surges
- Hashdex Adds Cardano to Crypto Index Fund as ADA Gains SEC Listing Eligibility
- U.S. Treasury To Ease Tax Rule on Unrealized Bitcoin Gains, Aiding Saylor’s Strategy
- Trump-Backed World Liberty (WLFI) Plans RWA Tokenization Paired with USD1 Stablecoin
- Stripe Eyes U.S. Banking Charter, Pioneers One-Click Stablecoin Issuance for Firms
- BONK Price Rally Ahead? Open Interest Jumps as TD Buy Signal Flashes
- Shiba Inu Price to Surge as Whales Buy and Team Commits to Shibarium Growth
- XRP Price Prediction After Ripple CTO David Schwartz Resigns
- SUI Price Eyes $4.5 as Coinbase Futures Listing Sparks Market Optimism
- Chainlink Price Holds $20 Support Amid Tokenization With DTA Standard Progress – Is $47 Next?
- Analyst Predicts Dogecoin Price Surge as DOGE ETF AUM Hits $20M
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
