SEC Classification of XRP Sparks Renewed Calls for Coinbase Relisting

SEC’s recent sanctions on the cryptocurrency market highlight the US regulator’s continued view of many altcoins as securities. Ripple‘s XRP, having taken a heavy blow from this classification, is one of the most discussed altcoins. Despite SEC’s classification of many more altcoins as securities, their continued trading on exchanges without delisting has led to a new threshold in the relisting campaigns initiated by XRP investors on social media. Is There Another Reason Behind XRP Not Being Relisted? While the price of Bitcoin, the largest cryptocurrency, fluctuates around $31,000 and many major altcoins make headlines with double and even triple-digit increases, XRP continues to be under pressure after taking a heavy blow from the SEC’s security classification. XRP investors have started to exert pressure for the altcoin to be relisted on US-based Coinbase, trending the “RelistXRP” hashtag on Twitter. SEC has so far classified about 50 altcoins as securities through various […] The post SEC Classification of XRP Sparks Renewed Calls for Coinbase Relisting appeared first on COINTURK NEWS.