While Relist XRP Came In Response To Coinbase’s Attempt Of Launching Crypto Advocacy, Uphold Lists The Token
The recent update captured the largest crypto exchange in the United States, Coinbase, launching a nationwide crypto advocacy, there have been a series of tweets from the XRP community hangtag “Relist XRP.
Coinbase Set Out To Build A Nationwide Crypto Advocacy, Prompts “Relist XRP”
It is worth noting that Coinbase plans to launch a public education campaign on the back of a survey that found that several Americans believed crypto to be the future of the financial system. Consequently, on Tuesday, it unveiled “Crypto 435,” so named as it targets the 435 Congressional Districts in the U.S.
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According to Coinbase, policymakers are making decisions that would shape the industry’s future, adding that the emerging market needed thoughtful policies and intelligent regulation to advance innovation and economic freedom.
Notably, Coinbase has put it upon itself to grow the crypto advocacy community with its latest campaign, offering interested persons contact information and data on local politicians and regulators.
Although, the news was pleasing to the XRP community, seeing the exchange firing toward building better crypto policies and regulations. The community made sure to let their displeasure known by bashing the crypto exchange in the comments for occasions where it has appeared to marginalize the XRP community. These include the delisting of XRP and its failure to distribute Songbird (SGB) and Flare (FLR) token airdrops to XRP holders.
A few years ago, it took the exchange no time in taking the XRP token down from its platform following the U.S. Securities and Exchange Commission (SEC) filing a complaint against Ripple and its executives, alleging XRP to be an unregistered security.
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It is worth noting that the crypto exchange previously said that it may not have to delist any token from its platform even if the US commission asks to do so. It added that it would only do that if the courts ruled in favour of the regulator. Despite this risk disclosure change, it has yet to respond to the XRP community’s pleas.
Uphold Lists XRP
While all of these are going on, the relisting XRP thread caught the attention of Uphold, the strong competitor of Coinbase. Uphold US-based global crypto that has over 10 million users took the opportunity to remind XRP community members residing in the U.S. that they could still buy, hold and trade XRP on the platform.
It is worth noting that the two-old battle between SEC and Ripple blockchain hasn’t come to an end. However, some analysts like Attorney James Filan predicted that the lawsuit will end on or before March end.
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