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XRP Jumps 10% As Coinbase Plans to Add it to List

Coinbase will add the controversial cryptocurrency XRP to its list of virtually traded coins, the company announced. So reports Fortune.

XRP is tied to a blockchain ledger utilized in cross-border payments. The coin stoked controversy for its “tangled history” with Ripple, a company with billions of dollars’ worth of stockpiled reserve.

It is unclear if XRP will qualify in the future as a registered security. In the wake of the news, XRP’s value jumped 10%.

Read the full article from Fortune.

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