Coinbase is FIGHTING BACK 🥊 against state restrictions on its new prediction markets!

Coinbase recently filed lawsuits in Connecticut, Michigan, and Illinois to challenge laws they believe wrongly classify event contracts as gambling. Ripple CTO David Schwartz weighed in on X, clarifying that whether a contract is a derivative depends on the *event* it’s based on – not the contract itself. This is a crucial distinction!

Meanwhile, the $XRP Ledger (XRPL) is gearing up for a major upgrade. The XRPL Lending Protocol, bringing institutional-grade lending directly on-chain, is heading for validator voting in late January 2026. This could unlock significant yield opportunities for $XRP holders. 🚀

#Coinbase #XRP #DeFi #PredictionMarkets 💡

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