-Bitcoin news, price, information & analysis Besides news of CoinBase move to Japan and listing Ripple (XRP) tokens, Brad Garlinghouse, the CEO of Ripple is pretty confident that dozens of banks would be using xRapid in the near future. He said this in an interview with CNBC and that’s another reason why our view of taking long position is strong.
In the last 24 hours alone, XRP is up five percent and today we might see those gains increasing. So after countless rumors of CoinBase listing Ripple (XRP), critics are now but realizing that Ripple might after all be listed in this liquid exchange if recent news is anything to go by.
With CoinBase shifting bases to Japan, proponents will have a clear pass to buy Ripple (XRP) from one of the world’s largest and trusted exchange. Inevitably-and this is not even rocket science, moves like these will see prices rocketing to new highs to the benefit of the coin holder.
The only thing that CoinBase have to do is to apply for a license which as we have seen is becoming harder with Japan’s FSA. This mandatory requirement was not there because cryptocurrency exchanges often self-regulate within this jurisdiction.
We can only conclude that was a reactionary implementation following Coincheck’s NEM heist that saw more than $400 million of investors’ money lost. Nonetheless, many expect CoinBase not to have challenges in a country that is very open to new technologies and home to cryptocurrency enthusiasts. Read more from newsbtc.com…
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