XRP To Relist On Coinbase? 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. However, 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 explored the possibility of relisting XRP on the exchange. The host asked Grewal that of If the District Court decides that secondary market sales of Ripple’s XRP are not securities, how would that be going to affect the relisting of the token on Coinbase?

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 after the matter is still subject to ligation he added. Read More XRP Lawsuit News Here…

He mentioned that lots 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. After that, the exchange can think about relisting XRP, while Coinbase is eagerly waiting for the decision to do that.

Also Read: Can US SEC Win Against Ripple With Howey Test?

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.