Coinbase has announced the delisting of XRP from the Coinbase wallet. Is it due to the ongoing XRP vs. SEC battle?
Today, Coinbase announced that the Coinbase wallet would no longer support the assets and network of Ripple (XRP), Bitcoin Cash (BCH), Ethereum Classic (ETC), and Stellar (XLM). Due to low usage, the above-mentioned blockchain networks and their coins will not be supported from Jan 2023.
Earlier, in Jan. 2021, Coinbase halted the trading of XRP in the Coinbase exchange. Hence XRP is completely off Coinbase, but XLM, BCH, and ETC can be traded on the Coinbase exchange.
The Impact on XRP Price
There is a panic in the market due to the announcement from Coinbase. But there seems to be no impact on the price of the token. The community believes that XRP will be in demand with or without Coinbase.
Coinbase has supported Ripple in its battle with the Securities and Exchange Commission (SEC). But XRP is…
