As XRP trading went fully live on Coinbase Pro, a new report outlines that the cryptocurrency exchange has violated its very own listing framework.
Coinbase Breaching Its Own Rules
XRP trading went live on Coinbase Pro on February 25th. Formerly known as GDAX, the platform provides traders with more advanced features compared to the regular one known as just Coinbase.
Naturally, the price of XRP 00 surged following the announcement, gaining over 10 percent on the news.
A new report by Diar, however, points out that Coinbase Pro has breached its very own listing policies in order to include XRP in its trading portfolio.
According to GDAX’s Digital Asset Framework, one of the considerations Coinbase evaluates prior to listing a new cryptocurrency is team ownership. More specifically, the document reads:
The ownership stake…