- Following the decision by federal judge Torres in the United States that XRP is not a security, positive sentiments around XRP have intensified.
- In response to this decision, platforms that had delisted XRP during the period when the SEC filed a lawsuit against Ripple have taken action and started the process of relisting XRP.
- In addition to Kraken Exchange, Coinbase Exchange also announced today its decision to relist XRP.
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After Judge Torres’ decision regarding the XRP token, cryptocurrency exchanges took action for XRP; Kraken has relisted XRP!
Crypto Exchanges Take Action for XRP Following Judge’s Decision
After Judge Torres ruled that XRP is not a security and stated that XRP sales do not constitute investment contracts, positive sentiments around XRP have intensified, and almost the entire cryptocurrency market has experienced an uptrend.
In response to this decision, platforms that had delisted XRP during the period when the SEC filed a lawsuit against Ripple have taken action and started the process of relisting XRP. In this context, Kraken Exchange announced in its recent statement that it has relisted XRP.
In its announcement, Kraken Exchange stated:
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“Kraken is excited to announce that residents of the United States can now deposit, trade, and withdraw XRP!”
In addition to Kraken Exchange, Coinbase Exchange also announced today its decision to relist XRP. iTrustCapital, a U.S.-based platform, took the first step among these exchanges and relaunched XRP trading.
During the period when the SEC filed a lawsuit against Ripple, around January 2021, many exchanges delisted XRP or suspended trading of XRP in the United States. Today, Judge Torres’ decision has emerged as a catalyst for exchanges to relist XRP. It is expected that more exchanges will announce their decision to list XRP.
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