Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit
Bitstamp is the first major U.S.-based crypto exchange to respond to the SEC lawsuit against Ripple.
Dec 25, 2020 at 4:40 p.m. UTCUpdated Aug 19, 2021 at 6:20 a.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/DI3KZSH6NJE5HO3PPIMW5MRQTY.jpg)
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 against Ripple Labs, alleging XRP is a security.
- U.S. customers will be able to withdraw their XRP even after trading is halted, Bitstamp said.
- Other countries are not affected, Bitstamp said.
13:18
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
05:10
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
04:07
The first video of the year 2024
40:07
The last regression video of the year 3.67.0
- Bitstamp is the first major cryptocurrency exchange to take action on XRP in response to the SEC's lawsuit against Ripple.
STORY CONTINUES BELOW
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/ADCWMJ6G3NAUPM4HLR6T2IMN6Q.png)
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)