#BinanceAlphaAlert Coinbase to delist 4 cryptocurrencies in June According to an X announcement by Coinbase Assets, Coinbase will suspend trading for four cryptocurrencies, Render (RNDR), Ribbon Finance (RBN), Helium Mobile (MOBILE) and Synapse (SYN), on June 26, 2025, at or around 2:00 p.m. ET. Trading for RNDR, RBN, MOBILE and SYN will be suspended on Coinbase.com (Simple and Advanced Trade), Coinbase Exchange and Coinbase Prime. As stated in the announcement, the delisting is taking place due to the release of new versions of the aforementioned tokens, which have made their original versions no longer meet the exchange's listing criteria. Additionally, Coinbase has moved RNDR, RBN, MOBILE and SYN order books to limit-only mode, allowing limit orders to be placed and cancelled, with matches potentially occurring. Ripple asks SEC when token stops being a security Stuart Alderoty, chief legal officer at Ripple, has taken to X platform to share that Ripple submitted an additional letter to the SEC's Crypto Task Force in response to Commissioner Hester Peirce’s “New Paradigm” speech. In the letter, the company addressed the question of how a digital asset, initially sold as part of an investment contract, can become independent of that contract and no longer a security. Ripple argues that most fungible crypto assets are not securities when traded on the secondary market since they lack the defining legal relationship of a security. The fintech giant cited Judge Torres’s 2023 ruling that XRP itself is not a security, though some institutional sales were classified as such. Ripple urged Congress to address remaining gaps in the legal framework and criticized the SEC’s vague standards, advocating for clear guidance based on existing law. Additionally, Ripple proposed a "maturity" test to better determine when an asset is no longer part of an investment contract.
