Coinbase Enables Ripple (XRP) Trading in New York: A Major Win for Crypto Enthusiasts
Good news for New York crypto traders! After a period of suspension, Coinbase has resumed Ripple (XRP) trading in NY, marking a significant development for the accessibility of digital assets in the state. You can now buy, sell, and trade XRP on Coinbase if you're a New York resident.
This resumption follows regulatory hurdles faced since January 2025, as highlighted on 23 de may. de 2025. The initial halt stemmed from the SEC's lawsuit against Ripple Labs for allegedly selling unregistered securities. However, recent developments suggest a shift in the regulatory landscape, paving the way for XRP's return to Coinbase in New York.
23 de may. de 2025: As Paul Grewal, Coinbase's chief legal officer, announced on X (formerly Twitter), the cryptocurrency exchange Coinbase has officially enabled Ripple (XRP) trading in the state of New York.
While 28 de may. de 2025The SEC recently accepted eight Ethereum ETF applications, showcasing the evolving relationship between traditional finance and cryptocurrency, the reinstatement of XRP trading is independently crucial. This availability signifies progress in navigating regulatory challenges.
It's worth noting that in 23 de may. de 2025In September 2025, the New York Department of Financial Services (NYDFS) removed Ripple Labs from its “Greenlist” of companies approved to custody customer assets. This action highlights the dynamic nature of regulations in the cryptocurrency sphere, but with Coinbase enabling XRP trading, access to the digital currency is expanding.
Stay updated on further developments regarding XRP and other cryptocurrencies on Coinbase. The return of XRP to New York trading represents a positive step forward. This huge market development shows that 23 de may. de 2025Coinbase resumes XRP trading in NY after a suspension due to regulatory issues, providing greater accessibility for New York investors interested in XRP.