The long-running litigation between Ripple and the SEC was an exciting development after Judge Torres announced that the sale of XRP on exchanges does not constitute a security.
Cryptocurrency exchange Coinbase, which had previously taken a delisting decision due to the lawsuit filed by the SEC, announced that it will re-list XRP.
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Another cryptocurrency exchange, Gemini, said in a statement that it is investigating relisting XRP in both spot and futures trading following the judge’s decision.
Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset remain available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets 🛡️ (@CoinbaseAssets) July 13, 2023
Coinbase said in a statement on its official Twitter account:
“Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost.
If liquidity conditions are met, trading is expected to start later today. Once there is sufficient supply of this asset, trading will be phased in on our trading pairs XRP-USD, XRP-USDT and XRP-EUR.”
*Not investment advice.
