Cointime

Download App
iOS & Android

Uphold's CRO Confirms XRP Listing Criteria and Decision to Maintain Support Amid SEC Lawsuit

Uphold's CRO, Nancy Beaton, has confirmed that the XRP token meets all legitimate criteria for listing on the exchange, despite the ongoing lawsuit with the US Securities and Exchange Commission.

Uphold maintains a listing committee that reviews tokens based on factors such as security, audits, founders' credibility, token distribution, and other legitimate criteria.

Uphold's legal counsel has found no legal precedent that would require them to delist XRP, and the exchange believes it is prudent to retain support for XRP until there is legal clarity. Uphold's partnership with Sologenic, an ecosystem built on the XRP Ledger, has been instrumental in promoting tokens to its users.

SEC
Comments

All Comments

Recommended for you