Is Coinbase Relisting XRP ?
In an interview with Thinking Crypto, Paul Grewal, CLO at Coinbase, covered the requirements for relisting XRP.
Grewal stated that the decision to relist XRP on Coinbase is based on their own assessment of the situation and the legal justification for a verdict in Ripple's favor.
He said that as a publicly traded business, Coinbase has a duty to exercise caution when dealing with any coin that is the focus of legal action in a federal court.
Grewal acknowledged Coinbase's amicus brief in support of Ripple and applauded Ripple's defense after being persuaded by the evidence.
Grewal anticipates a drawn-out proceeding because of probable appeals from the losing party, but he hopes the court will see holes in the SEC's claims.