Coinbase Gets Rid of XRP, Apparently There's an Implicit Motive!

<p>&nbsp;"What is Coinbase's motive to act like that?"</p><p><br /></p><p>In recent times, the Securities and Exchange Commission (SEC) of the United States (US), which has been increasingly aggressive towards cryptocurrency exchanges, has defined nearly 50 digital assets as securities.</p><p><br /></p><p>However, the lawsuit between Ripple (XRP) and the SEC is still a hot issue as its final decision could provide more clarity to investors regarding crypto regulations.</p><p><br /></p><p>XRP holders recently claimed that crypto exchange Coinbase had ulterior motives behind not relisting the digital asset.</p><p><br /></p><p><br /></p><p>It is well known that many XRP holders are also applying to have XRP tokens back on the US exchange with the hashtag 'RelistXRP' going viral on Twitter.</p><p><br /></p><p>According to a crypto enthusiast named Bill Morgan, Coinbase not listing XRP has a different motive as the crypto exchange still allows trading of other digital assets despite being recognized as securities by the SEC.</p><p><br /></p><p>Morgan also said that Coinbase's Chief Legal Officer (CLO) Paul Grewal has been very inconsistent in protecting crypto.</p><p><br /></p><p>For the record, the Summary Judgment in the XRP lawsuit that is expected to take place in 2023 could cause the crypto exchange to change its current listing decision.</p><p><br /></p><p>It is well known that the price of BTC that managed to pass $31,000 is currently hovering at that level, but analysts expect the entire crypto market may see a slight slowdown in the next two months before taking off in the last quarter of 2023.</p>