XRP Listing Delayed: Ripple Seeks Regulatory Clarity Before Taking Action
• Ripple is reportedly holding a secret meeting with Coinbase in order to persuade them to relist XRP.
• However, the meeting may not be about XRP but rather about how Ripple could help Coinbase in their legal battle with the SEC.
• The outcome of this battle will likely determine if and when XRP is listed on Coinbase.
Ripple Holding Secret Meeting With Coinbase
Ripple is rumored to have held a secret meeting with Coinbase in order to persuade them to relist XRP. However, it is believed that the meeting was not about XRP but instead about how Ripple could assist Coinbase in their legal battle with the SEC.
XRP Relisting Rumors
Speculation was rife that Ripple may be trying to persuade Coinbase to relist XRP, however prominent lawyer and digital asset enthusiast poured cold water on these rumors as they believe Ripple’s recent decision not to use XRP on their own liquidity hub service suggests they are not pushing for an XRP listing on Coinbase.
Bill Morgan’s Theory
Bill Morgan’s theory suggests that Ripple might be assisting Coinbase in their legal battle with the SEC by offering advice or support for either a petition for a writ of mandamus or defense against the SEC’s enforcement action.
Regulatory Clarity Delaying Listing
John E Deaton, the pro-XRP lawyer, has stated that Ripple isn’t listing XRP on its own liquidity hub platform until there is more regulatory clarity in the US. This means that it all depends on what Judge Torres decides following her ongoing legal battle with the SEC before an official relisting can take place.
The future of an official XRP relisting remains uncertain until more clarity from regulators can be established and until then, only time will tell if and when we’ll see it listed again officially on major exchanges like Coinbase.