<ul><li>Coinbase has classified XRP and Shiba Inu (SHIB) as currencies, highlighting their potential as money or stores of value.</li><li>This move by Coinbase aims to categorize certain assets based on their uses, placing XRP and SHIB alongside BTC and LTC.</li><li>The classification legitimizes XRP and SHIB as transactional tools, establishing them as legitimate digital assets for transactions and storage of value.</li><li>The legal status of XRP remains uncertain, but the positioning of Coinbase aligns with previous categorization by FinCEN.</li></ul>

Coinbase Classifies XRP and Shiba Inu as Money and Store of Value Assets

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