Coinbase has announced that residents of New York can now store and trade XRP on its web and mobile platforms.
XRP (XRP) is now available to Coinbase users who are New York residents. New Yorkers can now log in to buy, sell, convert, send, receive, or store XRP on https://t.co/bCG11KMQ6s or using our iOS and Android apps.https://t.co/5VE1WklrWo pic.twitter.com/Zp5odgaoHs
— Coinbase (@coinbase) May 13, 2019
New York residents have had limited functionality with Coinbase because of its stricter financial rules. The approval of XRP is sure to be welcomed by the highly populated city, and perhaps the availability of XRP will be a precursor to more tokens further down the line.
Jürgen Dietrich, Director Blue Chips & Funds Trading at Boerse Stuttgart, said,
There is a lot of interest in cryptocurrencies. These ETNs will allow investors in Germany to track future price developments of the two cryptocurrencies Litecoin and Ripple (XRP) through exchange-traded securities for the first time.