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    Coinbase Might Relist XRP If Ripple Wins Lawsuit Towards SEC

    Latest News

    • Coinbase’s Chief Authorized Officer Paul Grewal lately appeared in an interview with Considering Crypto.
    • The manager mentioned varied ongoing points together with the federal crackdown on the crypto business.
    • Grewal said that relisting XRP is a chance if Ripple wins the lawsuit towards the SEC.

    Paul Grewal, the Chief Authorized Officer of American crypto trade Coinbase, lately appeared in an interview with Considering Crypto. Within the interview, the Coinbase govt hinted that relisting XRP could also be potential within the occasion that the decision in Ripple’s authorized battle towards the Securities and Change Fee (SEC) goes within the former’s favor.

    Throughout the interview, Grewal mentioned varied subjects together with Coinbase’s token vetting course of, the present regulatory surroundings in america, the latest crackdown on crypto, and the controversial assault on crypto staking, amongst a number of others.

    Grewal, who additionally serves because the American trade’s company secretary, lauded Ripple’s authorized staff for the protection that they had mounted towards the SEC within the lawsuit. “The defendants in that case have completed a masterful job of pushing the SEC and elevating critical questions concerning the SEC’s total principle that undergirds the case,” he added.

    The Coinbase govt believes that there are critical points with the theories put ahead by the wall road regulator, and is hoping that the court docket identifies the identical. When requested if Coinbase would relist XRP and restart its buying and selling ought to Ripple win the case, Grewal said that it’s a potential situation.

    See also  South Korean Monetary Authorities Examine Crypto Staking Companies

    Nevertheless, the Chief Authorized Officer added that such a transfer can be contingent on the premise for the ruling, the decide’s authorized reasoning, and the general confidence within the verdict. Grewal made it clear that the decision of the trial court docket won’t be the tip of the lawsuit. He believes that the case has a excessive probability of being appealed.

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