The XRP cryptocurrency is now available for trading in New York for Coinbase users, according to aThursday announcement made by Paul Grewal, the exchange's top lawyer. "We heard you and put in the work in strong partnership with the State. And now the word can be put out— we are back up," Grewal said in his social media statement. Coinbase suspended XRP trading in January 2021 after the U.S. Securities and Exchange Commission (SEC) took Ripple to court. Last July, Coinbase moved to relist the controversial token together with other exchanges after the court ruled that secondary sales of XRP were not securities. However, trading in New York was still not supported until now. New York is known for having stringent cryptocurrency regulations. Its "BitLicense" framework makes it particularly challenging for companies to operate in the state. Last month, the Shiba Inu SHIBUSD cryptocurrency also becameavailable for Robinhood's New York customers.
Just In: Coinbase Now Allows XRP Trading in New York (2024)
Top Articles
Awards | Fisher Investments
While institutions own 42% of Bayer Aktiengesellschaft (ETR:BAYN), individual investors are its largest shareholders with 58% ownership
Icd 10 History Of Falls
Urban Art Nomads - Johanna
Inside Curtis Sliwa’s long-shot Republican run for NYC mayor
Queens GOP candidates slam ‘City of Yes’ rezoning proposal, say it threatens low density neighborhoods – QNS
Watch Hotel Transylvania (2012) Full Movie Online Free
Hotel Transylvania 3: Summer Vacation - streaming
Ree Drummond's 5 Kids: All About Alex, Paige, Bryce, Jamar and Todd
Question Words (An Introductory Post)
Latest Posts
10 Best Online Banks Of 2024
Why is CitiBank bidding adieu to India? - Help readers understand topics related to markets, economy, and personal finance with a focus on ETFs
Article information
Author: Trent Wehner
Last Updated:
Views: 5483
Rating: 4.6 / 5 (56 voted)
Reviews: 95% of readers found this page helpful
Author information
Name: Trent Wehner
Birthday: 1993-03-14
Address: 872 Kevin Squares, New Codyville, AK 01785-0416
Phone: +18698800304764
Job: Senior Farming Developer
Hobby: Paintball, Calligraphy, Hunting, Flying disc, Lapidary, Rafting, Inline skating
Introduction: My name is Trent Wehner, I am a talented, brainy, zealous, light, funny, gleaming, attractive person who loves writing and wants to share my knowledge and understanding with you.