This New Gift for Coinbase Could Be Great for XRP Too
When key crypto market players like Coinbase Global (NASDAQ: COIN) or Robinhood Markets get a lucky break, fintech coins such as XRP (CRYPTO: XRP) sometimes stand to benefit.And recently, Coinbase had some particularly pressing issues play out precisely as it desired. There are likely some positive implications for XRP too, so let's dive in and explore what's happening here.On Feb. 21, the Securities and Exchange Commission (SEC) opted to drop its case against Coinbase, which alleged that it had been operating an unregistered securities exchange as a result of one of its cryptocurrency-related offerings to investors. The move means that the exchange will now be able to offer cryptocurrency staking without as much fear of further enforcement action.Continue reading
When key crypto market players like Coinbase Global (NASDAQ: COIN) or Robinhood Markets get a lucky break, fintech coins such as XRP (CRYPTO: XRP) sometimes stand to benefit.
And recently, Coinbase had some particularly pressing issues play out precisely as it desired. There are likely some positive implications for XRP too, so let's dive in and explore what's happening here.
On Feb. 21, the Securities and Exchange Commission (SEC) opted to drop its case against Coinbase, which alleged that it had been operating an unregistered securities exchange as a result of one of its cryptocurrency-related offerings to investors. The move means that the exchange will now be able to offer cryptocurrency staking without as much fear of further enforcement action.
