Cryptocurrency Q&A Why is Coinbase not selling XRP?

Why is Coinbase not selling XRP?

Elena Elena Sun Dec 01 2024 | 5 answers 938
Coinbase is not selling XRP due to legal issues and regulatory concerns. Specifically, the US Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple, the company behind XRP, alleging that it sold unregistered securities. As a result, major cryptocurrency exchanges, including Coinbase, have suspended trading of XRP to avoid potential legal risks. This decision has significantly affected the price and market availability of XRP. Why is Coinbase not selling XRP?

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