Gemini is planning to launch XRP spot and derivative trading

ChainCatcher news, the cryptocurrency exchange Gemini tweeted that, in light of the court's ruling today that selling XRP on exchanges does not constitute a security, Gemini is exploring the launch of spot and derivative trading for XRP.

Previous news, a U.S. federal court ruled on Thursday that selling XRP tokens on exchanges and through algorithms does not constitute an investment contract. According to CoinGecko, XRP is currently priced at $0.788880, with a 24-hour increase of 67%.