{"id":79406,"date":"2024-05-23T19:59:08","date_gmt":"2024-05-23T23:59:08","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=79406"},"modified":"2024-05-23T19:59:51","modified_gmt":"2024-05-23T23:59:51","slug":"coinbase-resumes-xrp-trading-in-new-york","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/coinbase-resumes-xrp-trading-in-new-york\/","title":{"rendered":"Coinbase Resumes XRP Trading in New York"},"content":{"rendered":"\n

After being suspended in 2021, the cryptocurrency platform Coinbase<\/a> started trading XRP in the state of New York once more.\u00a0
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\"Coinbase
Coinbase Resumes XRP Trading in New York<\/figcaption><\/figure>\n\n\n\n

The chief legal officer of Coinbase, Paul Grewal, declared on X that trading in XRP is now possible in the state. Grewal told the community on Thursday, “We heard you and put in the work in strong partnerships with the state.”<\/p>\n\n\n\n

In January 2021, Coinbase halted XRP trading <\/a>in response to the SEC's lawsuit against the business.
<\/p>\n\n\n\n

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XRP trading on @coinbase\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> is available again in NY. We heard you and put in the work in strong partnership with the State. And now the word can be put out\u2014 we are back up.<\/p>— paulgrewal.eth (@iampaulgrewal) May 23, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

The United States' digital asset market has been dealing with ambiguous legislation for the past few years. Furthermore, the Securities and Exchange Commission<\/use><\/svg><\/span><\/a> (SEC) of the United States has consistently implemented restrictions. <\/p>\n\n\n\n

Ripple was among the most well-known businesses impacted by this strategy. The government agency and the cross-border payment tycoon have been embroiled in a protracted court battle for years although things are starting to improve. <\/p>\n\n\n\n

An essential new listing for its native asset has coincided with an approaching conclusion. Following Grewal's announcement, XRP saw a jump, but it has since corrected and is now back down to just under $0.53. <\/p>\n\n\n\n

XRP's price is now down 1.3%, according to CoinMarketCap, but its trading volume<\/a> has increased 31% over the last day, totalling over $1.7 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

After being suspended in 2021, the cryptocurrency platform Coinbase started trading XRP in the state of New York once more.\u00a0 The chief legal officer of Coinbase, Paul Grewal, declared on X that trading in XRP is now possible in the state. Grewal told the community on Thursday, “We heard you and put in the work […]<\/p>\n","protected":false},"author":43,"featured_media":79407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[150,1811,146],"class_list":["post-79406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-coinbase","tag-new-york","tag-xrp"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1716505430022.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/79406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=79406"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/79406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/79407"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=79406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=79406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=79406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}