United

when

Shiba Inu

<div class="finbold">
 <p class="paragraph">Even though both Coinbase and Ripple are struggling with regulatory and legal issues in the United States, the cryptocurrency exchange has relaunched XRP trading in New York, in a move that many might take as Ripple’s (another) win against the US Securities and Exchange Commission (SEC).</p>
 <p class="paragraph">Indeed, Coinbase has relisted XRP on its platform, thus making its trading available to the 20 million residents of New York “in a strong partnership with the State,” with the crypto trading platform’s chief legal officer Paul Grewal sharing the good news in an X post published on May 23.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">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.</p>— paulgrewal.eth (@iampaulgrewal) May 23, 2024
   </blockquote>
  </div>
 </figure>
 <h2 class="wp-block-heading" id="h-coinbase-and-ripple-s-sec-woes">Coinbase and Ripple’s SEC woes</h2>
 <p class="paragraph">As a reminder, Coinbase has been in a legal battle against the SEC since June 2023, when the regulator accused the crypto exchange of operating as an unregistered national securities exchange, broker, and clearing agency and failing to register the offer of its staking-as-a-service program.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Shiba Inu ETF on the horizon? SHIB founder drops major hint <span class="self-center text-xs text-slate-500">25 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    We asked ChatGPT-4o what will be ETH price when first Ethereum ETF is listed; Here’s what it said <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    How rich is Utah senator Mitt Romney; Mitt Romney's net worth revealed <span class="self-center text-xs text-slate-500">4 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Alabama's most active senator in stock trading: Tommy Tuberville's net worth revealed <span class="self-center text-xs text-slate-500">19 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <p class="paragraph">Earlier, in January 2021, the crypto platform had initially removed XRP across its US markets after the SEC accused blockchain company Ripple of illegally selling XRP and raising over $1.3 billion in what the agency said was an unregistered securities offering.&nbsp;</p>
 <p class="paragraph">However, in July 2023, Judge Analisa Torres ruled that Ripple did not violate federal securities law by selling XRP on public exchanges, albeit finding that direct sales to institutional clients did, in fact, constitute investment contracts, warranting further court proceedings that are yet to conclude.&nbsp;</p>
 <p class="paragraph">Meanwhile, the recent decision by Coinbase to bring back XRP support for New York residents could become a necessary trigger for the price of XRP, which is currently trading at $0.52, recording a 0.56% decline on the day, a 1.14% gain across the week, and a 3.66% drop in the last month, as per data on May 24.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/another-victory-for-ripple-v-sec-coinbase-relists-xrp-in-new-york-tbt89521.html">https://thebittimes.com/another-victory-for-ripple-v-sec-coinbase-relists-xrp-in-new-york-tbt89521.html</a></p>

Another victory for Ripple v. SEC? Coinbase relists XRP in New York

目錄

TheBitTimes

在 2024年5月24日發表的其他文章

Vitalik Buterin Posts Heartfelt Message Over Kabochan’s Passing Away

Solana Faces Significant Price Drop in 24 Hours

VanEck Celebrates SEC Approval of Ether ETF with Impactful Ad Campaign

Bitcoin Battles to Hold $69,000 as Analysts Eye Potential Retracement

MoonBag Powered by Ethereum Reigns as the Best Crypto Presale in May 2024 Leaving Dogeverse and T...

OKX Withdraws VASP License Application from Hong Kong

訂閱免費電子報，每天收取加密貨幣最新動態！