ICYMI: Coinbase will re-enable trading for XRP after mixed court ruling
“It’s time to relist,” Chief Legal Officer Paul Grewal said.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Coinbase said Thursday that it will re-enable trading of XRP after a federal court ruled that some transactions on exchanges didn't constitute the sale of securities.."Do not send this asset over other networks or your funds may be lost.
"Trading is anticipated to begin later today, if liquidity conditions are met," the exchange continued."Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT and XRP-EUR trading pairs will launch in phases. Support for XRP may be restricted in some supported jurisdictions."from the Southern District Court of New York in the lawsuit between the Securities and Exchange Commission and Ripple Labs, the case could now go to trial or be appealed.
A number of trading firms had also stopped making markets for the token, which is closely associated with Ripple.."We've carefully reviewed our analysis. It's time to relist."Crypto exchange Gemini said earlier Thursday that it was exploring relisting XRP. "Given today's ruling that the sale of XRP on exchanges is not a security, @Gemini is exploring the listing of XRP for both spot and derivatives trading," the firm said
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