Coinbase reopens XRP trading in New York
Paul Grewal, Coinbase’s chief legal officer, announced that New York users of the exchange can once again trade XRP.
On May 23, Coinbase’s chief legal officer, Paul Grewal, announced that customers in the state of New York could once again trade XRP on the crypto exchange after a nine-month hiatus.
In a brief social media post, Grewal provided an update: “XRP trading on Coinbase is available again in NY. We heard you and put in the work in strong partnership with the State. And now the word can be put out— we are back up.”
Following the United States Securities and Exchange Commission’s (SEC) lawsuit against Ripple in 2020, XRP remained an embattled asset, facing scrutiny from government regulators and centralized exchanges alike.
Go to Source
Author: Vince Quill
