During a recent interview with Thinking Crypto, Paul Grewal, the Chief Legal Officer of Coinbase, shed light on the possibility of relisting XRP on the American crypto exchange. Grewal suggested that if Ripple emerges victorious in their legal dispute with the SEC, Coinbase may consider reinstating XRP on its platform. As the legal battle continues to unfold, the fate of XRP remains uncertain, but Coinbase remains open to the possibility of relisting the popular cryptocurrency.
During the interview, Grewal delved into many topics, ranging from Coinbase’s meticulous token vetting process to the current regulatory landscape in the United States. He also shed light on the recent crackdown on cryptocurrencies and the contentious issue of crypto staking. The discussion was a testament to Grewal’s expertise and ability to navigate complex problems quickly and professionally.
Grewal, who holds the position of corporate secretary at the American exchange, expressed his admiration for Ripple’s legal team and their impressive defense against the SEC’s lawsuit. He commended the defendants for their masterful handling of the case, which successfully challenged the SEC’s underlying theory and raised significant doubts about its validity.
The executive at Coinbase has expressed concerns regarding the theories presented by the Wall Street regulator and is eagerly awaiting the court’s verdict. In response to inquiries about the potential relisting of XRP and resumption of trading in the event of a Ripple victory, Grewal acknowledged the possibility.
The Chief Legal Officer emphasized that any decision to proceed would hinge on the foundation of the ruling, the judge’s legal rationale, and the overall trust in the outcome. Grewal underscored that the trial court’s verdict would not mark the lawsuit’s conclusion, as he anticipates a strong possibility of an appeal. Maintaining a professional demeanor, he believed that the case remains open-ended.
