• Ripple and Coinbase held a secret meeting recently, sparking speculation that XRP may be relisted on Coinbase.
• Industry experts believe the meeting was more likely regarding how Ripple could assist Coinbase in its legal battle with the SEC.
• XRP holders are still hopeful that regulatory clarity will lead to the relisting of XRP on Coinbase.
Ripple News Today: Regulatory Clarity Delaying XRP Listing on Ripple’s Liquidity Hub
XRP Price Rally
The world of cryptocurrencies is abuzz with rumors of a secret meeting between Ripple and Coinbase. While the details of the discussion remain shrouded in mystery, speculation is rife that Ripple may be trying to persuade Coinbase to relist XRP.
Coinbase May Not Relist XRP But…
A prominent lawyer and digital asset enthusiast have poured cold water on the XRP relisting theory. According to him, Ripple’s recent decision not to use XRP in their own liquidity hub service suggests that they are not pushing Coinbase to relist the cryptocurrency. So what could this clandestine meeting be about?
Enter Bill Morgan’s Theory
Bill Morgan believes that Ripple might be assisting Coinbase in their legal battle with the SEC. In his opinion, the meeting could have been about how Ripple could help Coinbase in their petition for a writ of mandamus and/or their defense against the SEC’s enforcement action. This could be a game-changing development in the crypto world.
What Will Happen To XRP?
John E Deaton, a pro-XRP lawyer, has an interesting take on the matter. He says that Ripple isn’t listing XRP on its own liquidity hub platform until there is more regulatory clarity in the US. The outcome of the ongoing legal battle with the SEC is crucial, and a lot depends on what Judge Torres decides – leaving many hopeful for an eventual relisting of XPR on CoinBase once regulatory clarity arrives..