During the legal process between the Securities and Exchange Commission (SEC) and Ripple in the United States, many US-based exchanges delisted XRP.
Since July, these exchanges have started reviewing their decisions after receiving positive news regarding XRP from the lawsuit, and Coinbase, under its leadership, has relisted the altcoin.
According to the latest announcement, CEX.IO, a leading cryptocurrency exchange with over 5 million users, has relisted XRP. The platform stated that it has reopened XRP for its users in the United States and will allow them to conduct various crypto transactions using XRP.
In July, a groundbreaking decision was announced in the cryptocurrency world. The court ruled that XRP is not a security. Following this decision, two of the world’s leading cryptocurrency exchanges, Binance U.S. and Coinbase, wasted no time and relisted XRP on their platforms.
Following these two major exchanges, Kraken and Bitstamp also made a similar decision and relisted XRP. In early August, another US-based cryptocurrency exchange, Gemini, took a slightly delayed step compared to its competitors and announced the listing of XRP to its users.
Gemini stands out from its competitors, as it demonstrates strict compliance standards. The relisting of XRP on Gemini might pave the way for the token to be considered a secure and reliable asset among investors. As the news of these listings continues to unfold,
In the latter part of August, Linear Finance also announced the listing of XRP. With these developments, the acceptance of XRP by major exchanges could bring hope to investors for the future. This situation contributes to the formation of a favorable structure for the altcoin to play a significant role in the crypto market.