By Katherine Ross. July 13, 2023. (Blockworks).
Coinbase will re-enable trading for XRP following a Thursday court ruling.
A U.S. District Judge, Analisa Torres, ruled that Ripple’s XRP is not a security when traded on secondary exchanges, even if its institutional sales do meet that definition — handing Ripple partial victory in a case that dates back to 2020.
Following the ruling’s release, Coinbase chief legal officer Paul Grewal tweeted that “it’s time to relist” XRP.