Why is XRP suspended on Coinbase?

XRP was suspended on Coinbase possibly due to regulatory concerns and questions about the nature of XRP as a security. Ripple Labs' control over XRP's issuance and management, coupled with the centralized and non-anonymous characteristics of XRP, has led to criticisms from the crypto community. Additionally, there were allegations that Coinbase's listing of XRP might have violated its own digital asset framework, given Ripple Labs' significant ownership stake in XRP. These factors, combined with possible insider trading and a lack of significant price movement after the Coinbase listing, could have contributed to the suspension.