Coinbase is officially deciding to re-list Ripple XRP, according to an official announcement from the exchange. “Coinbase will re-enable trading for XRP (XRP) on the XRP network,” an official tweet from Coinbase reads.
The tweet adds “Trading is anticipated to begin later today, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT, and XRP-EUR trading pairs will launch in phases. Support for XRP may be restricted in some supported jurisdictions.”
Also read: US Judge Rules Ripple XRP is Not a Security
According to the latest ruling of the ongoing Ripple, a US judge officially ruled earlier today that Ripple XRP is not a security. The ruling has finally put an end to the ongoing battle between XRP and the SEC. Since the ruling, XRP is seeing its price surge by over 30%.
Following the favorable outcome for Ripple in its case vs the SEC, XRP is gaining the attention of prominent exchanges. Crypto exchange Gemini has also expressed that the exchange is exploring the listing of XRP for both spot and derivatives trading. Coinbase appears to be the first exchange to re-list Ripple’s XRP however. More exchanges may decide to re-list the cryptocurrency soon.