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Coinbase's Chief Legal Officer Sees Signs of Crypto Winter Thawing as Ripple Wins Partial Legal Victory

According to Coinbase's Chief Legal Officer Paul Grewal, there are signs that the crypto winter may be ending. Grewal cited Ripple Labs' recent legal victory against the Securities and Exchange Commission as evidence of this.

He believes that people are eager to focus on innovation and new technologies rather than legal battles. Following the ruling, Coinbase, Crypto.com, and Kraken Pro reopened trading for XRP, which saw a significant increase in value. Coinbase tweeted that the ruling was a significant victory for the crypto industry.

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