{"id":23310,"date":"2023-05-04T16:55:31","date_gmt":"2023-05-04T20:55:31","guid":{"rendered":"http:\/\/cryptocornercafe.com\/cafe\/?p=23310"},"modified":"2023-05-04T16:55:31","modified_gmt":"2023-05-04T20:55:31","slug":"coinbase-and-ripple-clos-meet-will-xrp-listing-follow","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/05\/04\/coinbase-and-ripple-clos-meet-will-xrp-listing-follow\/","title":{"rendered":"Coinbase And Ripple CLOs Meet, Will XRP Listing Follow?"},"content":{"rendered":"

A new tweet<\/a> by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. The CLO expressed his appreciation to Ripple\u2019s General Counsel, Stuart Alderoty, for their meeting, stating they needed to meet more often.<\/p>\n

In response, Stuart Alderoty thanked him for chatting with their legal team. After the tweet, two top lawyers in the community supported the strategic meeting, and some others called on Coinbase to relist XRP on its marketplace.\u00a0<\/p>\n

Ripple And Coinbase OfficlainsLeading The Battle, Deaton<\/h2>\n

One of the notable reactions to the meeting between Ripple and Coinbase CLOs came from CryptoLaw founder John Deaton.\u00a0<\/p>\n

Deaton is the attorney representing thousands of XRP holders. His response to the tweet was that the picture shows two valiant General Counsels leading the front line in battle. Further, Deaton wrote that he \u201ctipped his cap\u201d to Alderoty and Grewal to express his respect.\u00a0<\/p>\n

By saying \u201cfrontline in battle,\u201d Attorney Deaton reiterates his position that the crypto industry is battling<\/a>\u00a0with the US Securities and Exchange Commission. Notably, the attorney shared a tweet to that effect in March, calling every stakeholder<\/a> in the industry to meet and share strategic ideas to win the war.\u00a0<\/p>\n

Following the recent tweet, the two firms battling SEC\u2019s lawsuit may have listened to Deaton\u2019s suggestion.\u00a0<\/p>\n

Another prominent figure that responded<\/a> to the recent development was the Australian-based lawyer Bill Morgan. The lawyer stated that teamwork against a common foe is the best strategy to win.\u00a0<\/p>\n

However, Morgan further said he doesn\u2019t regard Coinbase as a friend of XRP holders as it \u201cceased secondary market trading in its exchange.\u201d\u00a0<\/p>\n

Crypto Users Call For XRP Relisting<\/h2>\n

Other responses following the recent tweet were calls for Coinbase to relist XRP<\/a>. A Twitter user going by Jon Mann, who responded<\/a>, asked Coinbase to relist XRP, stating that the meeting is the tag team the Ripple community has been waiting to see.<\/p>\n

Another user XRPcryptowolf also supported<\/a> the call maintaining that Coinbase should relist XRP if they need Ripple\u2019s help beating the SEC.\u00a0<\/p>\n

There has not been any mention of why the parties met yet. However, the crypto space still hopes for a favorable summary judgment that will bring regulatory clarity for XRP.<\/p>\n

Featured image\/Pixabay and chart\/<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

A new tweet<\/a> by Coinbase Chief Legal Officer (CLO) Paul Grewal has sparked interest and speculations in the crypto community. The CLO expressed his appreciation to Ripple\u2019s General Counsel, Stuart Alderoty, for their meeting, stating they needed to meet more often.<\/p>\n

In response, Stuart Alderoty thanked him for chatting with their legal team. After the tweet, two top lawyers in the community supported the strategic meeting, and some others called on Coinbase to relist XRP on its marketplace.\u00a0<\/p>\n

Ripple And Coinbase OfficlainsLeading The Battle, Deaton<\/h2>\n

One of the notable reactions to the meeting between Ripple and Coinbase CLOs came from CryptoLaw founder John Deaton.\u00a0<\/p>\n

Deaton is the attorney representing thousands of XRP holders. His response to the tweet was that the picture shows two valiant General Counsels leading the front line in battle. Further, Deaton wrote that he \u201ctipped his cap\u201d to Alderoty and Grewal to express his respect.\u00a0<\/p>\n

By saying \u201cfrontline in battle,\u201d Attorney Deaton reiterates his position that the crypto industry is battling<\/a>\u00a0with the US Securities and Exchange Commission. Notably, the attorney shared a tweet to that effect in March, calling every stakeholder<\/a> in the industry to meet and share strategic ideas to win the war.\u00a0<\/p>\n

Following the recent tweet, the two firms battling SEC\u2019s lawsuit may have listened to Deaton\u2019s suggestion.\u00a0<\/p>\n

Another prominent figure that responded<\/a> to the recent development was the Australian-based lawyer Bill Morgan. The lawyer stated that teamwork against a common foe is the best strategy to win.\u00a0<\/p>\n

However, Morgan further said he doesn\u2019t regard Coinbase as a friend of XRP holders as it \u201cceased secondary market trading in its exchange.\u201d\u00a0<\/p>\n

Crypto Users Call For XRP Relisting<\/h2>\n

Other responses following the recent tweet were calls for Coinbase to relist XRP<\/a>. A Twitter user going by Jon Mann, who responded<\/a>, asked Coinbase to relist XRP, stating that the meeting is the tag team the Ripple community has been waiting to see.<\/p>\n

Another user XRPcryptowolf also supported<\/a> the call maintaining that Coinbase should relist XRP if they need Ripple\u2019s help beating the SEC.\u00a0<\/p>\n

There has not been any mention of why the parties met yet. However, the crypto space still hopes for a favorable summary judgment that will bring regulatory clarity for XRP.<\/p>\n

Featured image\/Pixabay and chart\/<\/p>\n

<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-23310","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/23310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=23310"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/23310\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=23310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=23310"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=23310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}