{"id":542621,"date":"2023-07-13T21:30:00","date_gmt":"2023-07-13T21:30:00","guid":{"rendered":"https:\/\/wncen.com\/?p=542621"},"modified":"2024-06-11T07:55:58","modified_gmt":"2024-06-11T07:55:58","slug":"crypto-giant-coinbase-reverses-course-relists-xrp-after-landmark-ruling","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/crypto-giant-coinbase-reverses-course-relists-xrp-after-landmark-ruling\/","title":{"rendered":"Crypto Giant Coinbase Reverses Course, Relists XRP After Landmark Ruling"},"content":{"rendered":"
The cryptocurrency industry has been following a significant legal victory for Ripple and XRP holders. <\/span>The United States Securities and Exchange Commission (SEC) had accused Ripple of selling the token as an unregistered security in an ongoing lawsuit. <\/span><\/p>\n
However, on Thursday, federal judge Analisa Torres ruled in favor of Ripple, stating that the sale of XRP on exchanges does not classify as a security.<\/span><\/p>\n
XRP Ruling Opens Floodgates<\/span><\/h2>\n
Following the recent legal victory for Ripple, which clarified the legal status of the cryptocurrency, several major cryptocurrency exchanges have announced their plans to relist the token. Among these exchanges are Coinbase and Gemini, two of the largest regulated cryptocurrency exchanges in the world.<\/span><\/p>\n