Coinbase Listing Sparks Speculation Tied to Trump’s SEC Pick
Coinbase has revealed it will soon support trading for Reserve Rights (RSR) on the Base blockchain, with transfers already live for users in eligible regions.
According to the company, full trading will kick off no earlier than 9 AM PT on April 22, 2025, starting with the RSR-USD pair once there’s enough liquidity.
This listing comes at a time when RSR has been gaining attention, thanks in part to a recent surge in price—up 7.7% in a day, 7.2% over the past week, and more than 24% over the last month. Much of the buzz is linked to Paul Atkins, a former SEC Commissioner with prior ties to the Reserve Rights Foundation, who has now been tapped by President Trump to lead the SEC.
Atkins, who previously advised the Reserve project during its formative stages, is seen by some in the industry as supportive of crypto innovation. His nomination has sparked speculation that his leadership could usher in a more favorable regulatory climate, possibly helping tokens like RSR gain momentum.
Coinbase’s decision to launch RSR trading exclusively on the Base network has raised eyebrows due to the timing and Atkins’ past involvement. Critics have questioned whether the listing is coincidental or strategically aligned with growing optimism about the token’s regulatory outlook.
All this unfolds as Coinbase faces renewed legal pressure, with Oregon’s Attorney General reportedly preparing a securities-related enforcement action against the exchange.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
