News

XRP Enters EUR Trading on Leading Crypto Platform!

  • XRP/EUR has been introduced on Crypto.com, broadening access for Eurozone users.
  • Following a U.S. legal precedent, the inclusion of XRP confirms its status as a non-security.
  • Anticipated growth in XRP adoption is expected after the relisting phase.

Crypto.com, a renowned cryptocurrency trading platform, has recently expanded its repertoire by incorporating support for the XRP/EUR trading pair. This strategic move aims to extend access to new digital assets for users within the Eurozone and globally. 

Read CRYPTONEWSLAND on google news

The introduction of the XRP/EUR pairing stands alongside SOL/EUR, elevating XRP and SOL as two of only four EUR-based pairs available on the platform, formerly limited to BTC/EUR and ETH/EUR pairs. The significance of this inclusion goes beyond mere expansion; it signifies a notable milestone for XRP. 

This move emphasizes the growing acknowledgment of XRP as a non-security, solidifying its status following a crucial legal decision in the United States. Notably, Judge Analisa Torres’ ruling removed lingering uncertainties surrounding XRP’s classification, affirming its legitimacy within the Eurozone.

This strategic listing on Crypto.com is poised to fortify the platform’s support for XRP as a core asset. It aligns with the platform’s previous backing, exemplified by its facilitation of the Flare Network’s airdrop for XRP holders last year. Furthermore, this introduction is anticipated to trigger a surge in XRP adoption, marking the beginning of a promising phase post-relisting.

The reverberations of this development extend beyond Crypto.com. It signifies a broader trend among trading platforms, echoing a rekindled loyalty towards XRP within the crypto community. Prominent exchanges like Coinbase have also reinstated their support, affirming their faith in XRP’s potential. Notably, Coinbase recently ventured to offer XRP futures for its advanced customers outside the US, amplifying its commitment to XRP.

Read also:

Bhea Lacsamana

Bhea is a fintech journalist specializing in crypto, with a unique blend of roles as a content creator, anthropologist, and qualitative researcher. Her articles dive into both financial technology and cultural traditions, reflecting her diverse interests. Catch her immersed in a book where her love for learning thrives.

Recent Posts

Bitcoin Spot ETF Surges: Record Inflows $726 Million Mark, Driving Market Momentum and Investor Fervor

📈💰 Bitcoin Spot ETFs surge with $726M inflows, driving market momentum! 🚀 Record Inflows #BitcoinETF…

12 mins ago

Shiba Inu Price Forecast: Why Reaching $1 in 2024 Is Unrealistic and 3 Best SHIB Alternatives to Buy this Bull Run: Cardano (ADA), Dogecoin (DOGE), and Retik Finance (RETIK)

With SHIB price mostly depreciating in the past month, investors' confidence has also declined, emphasized…

24 mins ago

Altcoin Season 2024! 🚀 How to Make Saavyy 20X 📈

#BlastUP which could potentially see a 20-fold increase. The project's strength lies in its unique…

36 mins ago

Genesis Begins Billions in Crypto Repayments: Will Markets Feel the Ripple?

#GenesisGlobal secures court approval to repay billions in #crypto, ensuring up to 77% recovery and…

46 mins ago

Cardano Price Prediction: Why a $10 Target in 2024 May Be Out of Reach and ADA Rival That Could Pump 6x By the End of May

#Cardano(ADA), one of the prominent players in the crypto space, has been a subject of…

1 hour ago

Which Crypto to Buy Before Altseason For 50-100X Gains? Analyzing the Best Crypto Projects for 2024

Analysis of tokens that could deliver returns between fifty to a hundred times their current…

2 hours ago