The head of XRP markets at Ripple, Miguel Vias denied all allegations of paying off Coinbase to list the third largest cryptocurrency on their exchange.
Unless you’ve been living under a rock for the past few weeks, Ripple’s native token XRP has been listed on Coinbase Pro. Soon after it was listed, rumours surfaced that suggested Ripple had bought their way onto the platform as it quickly became clear that the XRP token was breaking one of the regulations that are required to get onto the exchange.
The response followed a series of bribery accusations which was aimed at Coinbase after its sudden announcement of adding XRP trading pairs to its platform on 26th February. On the other hand, Coinbase had earlier remained cautious of the said listing. Many have speculated Coinbase’s careful approach was down to the unusual history of XRP with Ripple Labs – this is down to the fact that Ripple holds around sixty percent of XRP which is worth billions of dollars.
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