- Coinbase Chief Authorized Officer Paul Grewal lately appeared in an interview with Considering Crypto.
- The presenter mentioned quite a lot of present points, together with the federal crackdown on the cryptocurrency business.
- Grewal said that XRP’s itemizing is a risk if Ripple wins its lawsuit towards the SEC.
Paul Grewal, Normal Counsel of American cryptocurrency trade Coinbase, lately appeared in an interview with Considering Crypto. In an interview, the top of Coinbase hinted that XRP’s itemizing might be potential if Ripple’s authorized battle towards the Securities and Change Fee (SEC) is dominated in its favor.
Within the interview, Grewal mentioned quite a lot of matters together with Coinbase’s token verification course of, the present regulatory surroundings within the US, the latest crackdown on cryptocurrency and the controversial cryptocurrency assault, and several other others.
Grewal, who can be the corporate secretary of the American inventory trade, praised Ripple’s authorized group for the protection they mounted towards the SEC throughout the lawsuit. “The defendants in that case did a masterful job of pushing the SEC and elevating critical questions on the whole SEC idea that underlies the case,” he added.
Coinbase’s CEO believes there are critical issues with the theories introduced by the Wall Road regulator and hopes the courtroom will discover that out. When requested if Coinbase would relist XRP and resume buying and selling if Ripple wins the case, Grewal said that it is a potential situation.
However the chief authorized officer added that such a transfer would rely on the premise of the ruling, the decide’s authorized reasoning and total confidence within the verdict. Grewal made it clear that the trial courtroom’s verdict wouldn’t be the top of the lawsuit. He believes there’s a good likelihood the case shall be appealed.
