{"id":529922,"date":"2023-05-04T16:00:03","date_gmt":"2023-05-04T16:00:03","guid":{"rendered":"https:\/\/wncen.com\/?p=529922"},"modified":"2024-06-11T08:51:12","modified_gmt":"2024-06-11T08:51:12","slug":"coinbase-and-ripple-clos-meet-will-xrp-listing-follow","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/coinbase-and-ripple-clos-meet-will-xrp-listing-follow\/","title":{"rendered":"Coinbase And Ripple CLOs Meet, Will XRP Listing Follow?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">A <\/span><a href=\"https:\/\/twitter.com\/s_alderoty\/status\/55901696?\" rel=\"nofollow\"><span style=\"font-weight: 400\">new tweet<\/span><\/a><span style=\"font-weight: 400\"> by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. The CLO expressed his appreciation to Ripple&#8217;s General Counsel, Stuart Alderoty, for their meeting, stating they needed to meet more often.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/avax-smart-contracts-hit-6-mo-high\/?swcfpc=1\">AVAX Smart Contracts Hit 6-Month High \u2013 What This Means For Its Price<\/a><\/div>\n<p><span style=\"font-weight: 400\">In response, Stuart Alderoty thanked him for chatting with their legal team. After the tweet, two top lawyers in the community supported the strategic meeting, and some others called on Coinbase to relist XRP on its marketplace.\u00a0<\/span><\/p>\n<h2>Ripple And Coinbase OfficlainsLeading The Battle, Deaton<\/h2>\n<p><span style=\"font-weight: 400\">One of the notable reactions to the meeting between Ripple and Coinbase CLOs came from CryptoLaw founder John Deaton.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Deaton is the attorney representing thousands of XRP holders. His response to the tweet was that the picture shows two valiant General Counsels leading the front line in battle. Further, Deaton wrote that he \u201ctipped his cap\u201d to Alderoty and Grewal to express his respect.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">By saying &#8220;frontline in battle,&#8221; Attorney Deaton reiterates his position that the crypto industry is <\/span><a href=\"https:\/\/twitter.com\/JohnEDeaton1\/status\/07760384\" rel=\"nofollow\"><span style=\"font-weight: 400\">battling<\/span><\/a><span style=\"font-weight: 400\">\u00a0with the US Securities and Exchange Commission. Notably, the attorney shared a tweet to that effect in March, <\/span><a href=\"https:\/\/twitter.com\/JohnEDeaton1\/status\/72321794\" rel=\"nofollow\"><span style=\"font-weight: 400\">calling every stakeholder<\/span><\/a><span style=\"font-weight: 400\"> in the industry to meet and share strategic ideas to win the war.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/top-5-cryptos-to-watch\/\">Top 5 Cryptos To Watch This Week Amid US Banking Crisis<\/a><\/div>\n<p><span style=\"font-weight: 400\">Following the recent tweet, the two firms battling SEC&#8217;s lawsuit may have listened to Deaton&#8217;s suggestion.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Another prominent figure that <\/span><a href=\"https:\/\/twitter.com\/Belisarius2020\/status\/77079808\" rel=\"nofollow\"><span style=\"font-weight: 400\">responded<\/span><\/a><span style=\"font-weight: 400\"> to the recent development was the Australian-based lawyer Bill Morgan. The lawyer stated that teamwork against a common foe is the best strategy to win.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, Morgan further said he doesn\u2019t regard Coinbase as a friend of XRP holders as it &#8220;ceased secondary market trading in its exchange.&#8221;\u00a0<\/span><\/p>\n<h2>Crypto Users Call For XRP Relisting<\/h2>\n<p><span style=\"font-weight: 400\">Other responses following the recent tweet were calls for Coinbase to relist <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP<\/span><\/a><span style=\"font-weight: 400\">. A Twitter user going by Jon Mann, who <\/span><a href=\"https:\/\/twitter.com\/JonMann32725775\/status\/45451009?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">responded<\/span><\/a><span style=\"font-weight: 400\">, asked Coinbase to relist XRP, stating that the meeting is the tag team the Ripple community has been waiting to see.<\/span><\/p>\n<figure id=\"attachment_529923\" aria-describedby=\"caption-attachment-529923\" style=\"width: 860px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-529923 size-large\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/05\/XRPUSDT_2023-05-04_19-12-08.png?resize=860%2C499\" alt=\"Ripple\" width=\"860\" height=\"499\"><figcaption id=\"caption-attachment-529923\" class=\"wp-caption-text\">XRP in bearish zone l Source:<a href=\"https:\/\/www.tradingview.com\/x\/XpDfHovm\/\" rel=\"nofollow\"> Tradingview.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Another user XRPcryptowolf also <\/span><a href=\"https:\/\/twitter.com\/XRPcryptowolf\/status\/38184192?\" rel=\"nofollow\"><span style=\"font-weight: 400\">supported<\/span><\/a><span style=\"font-weight: 400\"> the call maintaining that Coinbase should relist XRP if they need Ripple\u2019s help beating the SEC.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">There has not been any mention of why the parties met yet. However, the crypto space still hopes for a favorable summary judgment that will bring regulatory clarity for XRP.<\/span><\/p>\n<p>Featured image\/Pixabay and chart\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new tweet by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. The CLO expressed his appreciation to Ripple&#8217;s General Counsel, Stuart Alderoty, for their meeting, stating they needed to meet more often. Related Reading: AVAX Smart Contracts Hit 6-Month High \u2013 What This Means For Its Price In response, Stuart Alderoty thanked him for chatting with their legal team. After the tweet, two top lawyers in the community supported the strategic meeting, and some others called on Coinbase to relist XRP on its marketplace.\u00a0 Ripple And Coinbase OfficlainsLeading The Battle, Deaton One of the notable reactions to the meeting between Ripple and Coinbase CLOs came from CryptoLaw founder John Deaton.\u00a0 Deaton is the attorney representing thousands of XRP holders. His response to the tweet was that the picture shows two valiant General Counsels leading the front line in battle. Further, Deaton wrote that he \u201ctipped his cap\u201d to Alderoty and Grewal to express his respect.\u00a0 By saying &#8220;frontline in battle,&#8221; Attorney Deaton reiterates his position that the crypto industry is battling\u00a0with the US Securities and Exchange Commission. Notably, the attorney shared a tweet to that effect in March, calling every stakeholder in the industry to meet and share strategic ideas to win the war.\u00a0 Related Reading: Top 5 Cryptos To Watch This Week Amid US Banking Crisis Following the recent tweet, the two firms battling SEC&#8217;s lawsuit may have listened to Deaton&#8217;s suggestion.\u00a0 Another prominent figure that responded to the recent development was the Australian-based lawyer Bill Morgan. The lawyer stated that teamwork against a common foe is the best strategy to win.\u00a0 However, Morgan further said he doesn\u2019t regard Coinbase as a friend of XRP holders as it &#8220;ceased secondary market trading in its exchange.&#8221;\u00a0 Crypto Users Call For XRP Relisting Other responses following the recent tweet were calls for Coinbase to relist XRP. A Twitter user going by Jon Mann, who responded, asked Coinbase to relist XRP, stating that the meeting is the tag team the Ripple community has been waiting to see. Another user XRPcryptowolf also supported the call maintaining that Coinbase should relist XRP if they need Ripple\u2019s help beating the SEC.\u00a0 There has not been any mention of why the parties met yet. However, the crypto space still hopes for a favorable summary judgment that will bring regulatory clarity for XRP. Featured image\/Pixabay and chart\/<\/p>\n","protected":false},"author":547,"featured_media":470068,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1393,3680,87694,78763],"class_list":["post-529922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-coinbase","tag-ripple","tag-stuart-alderoty","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Coinbase And Ripple CLOs Meet, Will XRP Listing Follow?<\/title>\n<meta name=\"description\" content=\"A new tweet by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. 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