Cryptocurrency exchanges such as Coinbase adopt XRP one after another ─ Partial victory in lawsuit with SEC | CoinDesk JAPAN | Coin Desk Japan

On the 13th, the U.S. federal court filed a lawsuit with the U.S. Securities and Exchange Commission (SEC), ruling that the sale of XRP (XRP) through crypto asset (virtual currency) exchanges and algorithms is not an investment contract. Following the ruling, more and more cryptocurrency exchanges have started handling XRP.

US cryptocurrency trading giant Coinbase announced on the 13th that it will resume trading XRP if there is sufficient liquidity. XRP/USD, XRP/USDT and XRP/EUR trading pairs will be reopened in stages.

Gemini said on Twitter that it is considering starting to handle XRP in both spot and derivatives trading.

Kraken also announced today that XRP trading is already available for US users.

Bitstamp announced that it will resume handling XRP. “Bitstamp was one of the earliest exchanges to list XRP and is one of the most liquid XRP exchanges in the world,” said Ripple, which has a minority stake in Bitstamp. I mentioned that.

Data from cryptocurrency price data site CoinMarketCap show that XRP soared nearly 70% on the 13th, hitting its highest level since April last year, following a partial victory in a lawsuit with the SEC.

｜Translation: CoinDeskJAPAN
｜Editing: Rinan Hayashi
｜Image: Shutterstock
｜Original: Coinbase, Other Crypto Exchanges Embrace XRP After Court Ruling