Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit
Cryptocurrency exchange Bitstamp said it’s halting XRP trading and deposits for all U.S. customers on Jan. 8, 2021, because of the U.S. Securities and Exchange Commission’s recent filing, alleging XRP is a security.
- Other countries are not affected, Bitstamp said.
This story is developing and will be updated.
Read also: An SEC Victory in Ripple Case Would Render XRP ‘Untradeable,’ Market Pros Say
Subscribe to Blockchain Bites, our daily update with the latest stories.
By signing up, you will receive emails about CoinDesk products and you agree to our
and
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Related
https://www.coindesk.com/bitstamp-to-halt-xrp-trading-deposits-in-us-due-to-sec-lawsuit