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Coinbase reinstates XRP trading in New York as Ripple continues to face SEC regulatory onslaught.

Bitcoinist LogoBitcoinist1 mo ago

Coinbase reinstates XRP trading in New York as Ripple continues to face SEC regulatory onslaught. - Bitcoinist

Quick Summary:

US-based cryptocurrency exchange Coinbase has made a significant move by reopening XRP trading for New York users despite the ongoing legal dispute between the decentralized platform Ripple and the US Securities and Exchange Commission (SEC).  This decision marks a bold step for Coinbase, which had previously suspended XRP trading following the SEC’s lawsuit against Ripple.

Following the ruling, Ripple will have fourteen days to produce the relevant documents in a public or redacted version.

The exchange gradually limited trading to “limit only” mode before fully suspending it on January 19, 2021.

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Coinbase reinstates XRP trading in New York as Ripple continues to face SEC regulatory onslaught. - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-23 @ 20:30:45 (1 months ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21069353

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story " Coinbase reinstates XRP trading in New York as Ripple continues to face SEC regulatory onslaught." has 497 words across 35 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story " Coinbase reinstates XRP trading in New York as Ripple continues to face SEC regulatory onslaught." was covered 1 months ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 11 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://beamstart.com/news/coinbase-resumes-xrp-trading-in-17164972473791

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