- Coinbase Chief Authorized Officer Paul Grewal just lately appeared in an interview with Pondering Crypto.
- The manager mentioned varied ongoing points, together with the federal crackdown on the crypto business.
- Grewal mentioned re-listing of XRP is a risk if Ripple wins the lawsuit in opposition to the SEC.
Paul Grewal, the authorized director of the American crypto trade Coinbase, just lately appeared in an interview with Pondering Crypto. Within the interview, the Coinbase govt hinted that relisting XRP could be doable within the occasion that the decision in Ripple’s authorized battle in opposition to the Securities and Change Fee (SEC) goes in its favor.
Through the interview, Grewal mentioned quite a lot of matters together with Coinbase’s token verification course of, the present regulatory surroundings in the USA, the latest crypto crackdown and the controversial assault on crypto staking, amongst a number of others.
Grewal, who can be the Company Secretary of the US Inventory Change, praised Ripple’s authorized staff for his or her protection in opposition to the SEC within the lawsuit. “The defendants on this case have finished a masterful job of pushing the SEC and elevating severe questions on the entire SEC principle underlying the case,” he added.
The Coinbase govt believes that there are severe issues with the theories put ahead by the Wall Road regulator, and hopes the court docket will determine the identical. When requested if Coinbase would put XRP again on sale and restart buying and selling if Ripple wins the deal, Grewal mentioned it was a doable state of affairs.
Nonetheless, the director of authorized affairs added that such a choice would rely upon the idea of the choice, the choose’s authorized reasoning and the general confidence within the verdict. Grewal made it clear that the trial court docket’s verdict wouldn’t finish the trial. He believes the case has a robust likelihood of being appealed.
