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Coinbase Chief Legal Officer Reacts to XRP Relisting Concerns

Coinbase's Chief Legal Officer, Paul Grewal, has stated that the exchange would only consider relisting XRP if the cryptocurrency meets certain conditions. Grewal emphasized that Coinbase would conduct a thorough assessment of XRP, even if the judge presiding over the Ripple-SEC lawsuit classifies it as a non-security. He added that Coinbase is eager to hear Judge Analisa Torres' final verdict and will weigh the court's determination before making any decision about relisting XRP. Coinbase delisted and ceased trading for XRP in 2021 following the SEC's lawsuit against Ripple, claiming that XRP is an unregistered security. The XRP community has been calling for the relisting of the cryptocurrency, but Coinbase cites regulatory issues as the reason for not supporting it.

(By Ndianabasi Tom)

XRP XRP $1.48
-6.19%
Coinbase XRP
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