XRP may be relisted on Coinbase
According to reports, Paul Grewal, the chief legal officer of Coinbase, said that XRP may be re listed in Coinbase, but it will require some legal steps, but ultimately depends on the judge’s ruling and Coinbase’s evaluation of the court’s ruling. Paul Grewal explained that many things will depend on the details of court rules. “I know this won’t satisfy some people very much, but as a publicly traded company, Coinbase does have a responsibility to exercise caution in this area and respect any claims that this is a subject of federal court litigation.”.
Chief Legal Officer of Coinbase: XRP may be re listed in Coinbase, depending on the judge’s decision
Analysis based on this information:
According to reports, Coinbase’s chief legal officer, Paul Grewal, recently stated that XRP may be relisted on Coinbase in the future. However, this would require some legal steps to be taken, and ultimately, the decision rests on the judge’s ruling and Coinbase’s evaluation of the court’s verdict.
Grewal acknowledged that many factors would come into play, dependent on the details of court rules, and that he understands his statement may not please everyone. As a publicly traded company, Coinbase has a responsibility to be cautious in its actions and take into account any claims that are subject to federal court litigation.
This statement comes after XRP was delisted from Coinbase in January after the Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, the company behind XRP. The SEC claims that XRP is an unregistered security, and Ripple and its executives conducted an unregistered securities offering.
However, Ripple has vigorously disputed the SEC’s allegations, and XRP’s supporters have argued that XRP is not a security. Ripple’s CEO Brad Garlinghouse has also called out the lack of clarity from the SEC regarding cryptocurrencies’ regulatory status.
Given the ongoing litigation, it is understandable that Coinbase is being cautious about relisting XRP. A positive outcome for Ripple in court could potentially lead to XRP being relisted on Coinbase, as it was once one of the most traded cryptocurrencies on the platform. Conversely, if the SEC’s case against Ripple is successful, it could further dampen the prospects for XRP in the short term.
In conclusion, while there is a chance that XRP could be relisted on Coinbase, it ultimately hinges on the judge’s ruling and Coinbase’s evaluation of the court’s verdict. Until then, caution is warranted, given the uncertain legal landscape surrounding XRP.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/6291/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
The Upcoming Halving and Its Potential Impact on Bitcoin
According to reports, Bloomberg industry research analyst Jamie Douglas Coutts stated that based on previous cycles, the upcoming halving is currently reflected in approximately 50
-
What is Storj Coin
What is Storj Coin? According to official information from storj.network, Storj
-
US Senator Blames Signature Bank’s Failure on Acceptance of Cryptocurrency Customers
According to reports, US Senator Elizabeth Warren attributed the failure of Signature Bank to its acceptance of cryptocurrency customers without adequate safeguards. Warren emphasized that “Congress and the public must learn from the failure of Signature Bank.”. US Senator: The failure of Signature Bank is due to the acceptance of encrypted customers without adequate safeguards Analysis based on this information:US Senator Elizabeth Warren recently attributed the failure of Signature Bank to its acceptance of cryptocurrency customers without adequate safeguards. The senator’s statement emphasizes that the need for Congress and the public to learn from the bank’s failure. Signature Bank, which targets private clients and corporate customers, recently suffered major losses after accepting large cryptocurrency deposits without taking adequate precautions to protect against fraudulent activity. The bank’s poor decision-making and lack of adequate safeguards have led to it experiencing a loss of over $30 million in the third quarter of 2021. The bank’s failure has drawn attention from regulators and lawmakers,…
-
CryptoPunks: The Explosive Rise in Trading Volume
According to reports, according to Dune Analytics data, the CryptoPunks series NFT trading volume has reached $207 million in the past 30 days.
Data: Over the past 30 days, the Cry -
Chairman of the SEC suggests that Bitcoin is not a security
According to reports, Gary Gensler, chairman of the Securities and Exchange Commission (SEC), said in an interview with New York Magazine in February that ever…
-
The Effect of ARB Air Drop on the Arbitrum Ecological Sector Market
On March 25th, data showed that before and after the ARB air drop, the Arbitrum ecological sector received market attention. Currently, the average decline of this sector has excee
-
A-Share Closes with Positive Gains as Blockchain and Digital Currency Sectors Soar
According to the news, the A-share closed with the Shanghai Composite Index at 3312.35, up 1%, the Shenzhen Composite Index at 11914.32, up 1.11%, and the Shen…
-
When does the domain chain trade (in what fields can regional chain technology be used)
When does the domain chain trade? When does the domain chain trade? It is the sub private key of the Coin Security Exchange Currently, there are two addresses in China that hold domain chain tokens: one is called Xingyun Mining Pool, and the other is called Bitmex. This address has been online for over two months. Does this indicate that domain chains can quickly and securely deploy large-scale networks The first issue is the number of nodes. Because the production time of blocks is too long, the longer it takes to excavate new blocks, the longer it is impossible to determine which regions need to excavate which blocks. Therefore, for nodes, it is necessary to consider which blocks will affect the growth of computing power in the main network and the entire network. Therefore, for nodes, the degree of decentralization is high, but if they want to receive enough block rewards to support the network, they can directly participate in…
-
Blueshift’s Cross-Chain Incentive Test Network Launches: High Rewards Offered
On February 26, the asset management platform Blueshift tweeted that its cross-chain incentive test network had been launched and provided a reward pool of 500…
-
What does “囤比特币币” mean? (Only Bitcoin for storing Bitcoins)
What does \”囤比特币币\” mean? What does \”比特币币\” mean? \”囤比特币币\” refers to buying somethi
-
Overview
According to reports, Adrian Przelozny, CEO of the Cryptocurrency Exchange Independent Reserve, said that the recent difficulties in the banking industry were not caused by \”any fa
-
What is vidy and what are its prospects?
Vidy is a cryptocurrency project founded by renowned American video producer an
-
Bybit Launches Web3 Pledge Pool with ETH Pledge Option Before Ethereum Shanghai Upgrade
It is reported that the Cryptocurrency Exchange Bybit announced the launch of a Web3 pledge pool that supports the ETH pledge option before the upgrade of Ethereum Shanghai. It is
-
Lamina1’s Ecosystem Fund Invests in Web3 Companies Building Open Metaverse Immersive Technologies
According to reports, the LAMINA1 Ecosystem Fund (L1EF) launched by the metaverse blockchain network Lamina1 has announced its first investment in two Web3 companies building open
-
What is ipfs (what technology is ipfs)
What is ipfs? What is ipfs? Ipxs is a subsidiary of the Federal government of the United States Financial Services Corporation (FIF). Its main businesses include fund management, securities settlement and insurance. IPfs provides customers with a digital asset investment platform that can meet different needs while also generating corresponding returns. Ipire is a way to raise funds by raising funds from the public, which aims to encourage citizens to invest in Cryptocurrency and participate in other private offerings or equity investments in private enterprises. According to official announcements, Ipws currently only focuses on investing in Bitcoin and other digital tokens, and does not involve stock trading and other businesses. However, in the future, it will gradually expand more functions, such as digital asset exchanges, custodians, and so on What is ipfs technologyAccording to official news, ipfs is a blockchain network of the Federal government of the United States. The system uses the Ipxs consensus protocol (i.e. ipfs) to verify…
-
Ethereum Goerli Test Network Activated Shapella Upgrade
It is reported that the Ethereum Goerli test network activated the Shapella upgrade at 6:26 on March 15. When the block was triggered, the verification node participation rate was 29%, which was low for Ethereum. In the YouTube live broadcast, Ben Edgington, the product leader of Teku, an Ethereum customer, admitted that the low participation rate might be due to the failure of the verification node to upgrade to the Goerli bifurcation in time. Ethereum Goerli test network activates Shapella upgrade, and the participation rate of verification nodes is 29% Analysis based on this information:On March 15, the Ethereum Goerli test network activated the Shapella upgrade, which was seen in the blockchain industry as the latest key upgrade to Ethereum. However, it was reported that the verification node participation rate at the time of activation was as low as 29%, which is considered low for Ethereum. This meant that only 29% of the verification nodes, which are essential to maintaining…