B2C2 Becomes Latest Crypto Market-Maker to Stop XRP Trading: Report
Non-U.S. clients can still trade the token but need to pre-fund all short trades, the report said.
Updated Aug 19, 2021 at 6:20 a.m. UTC
- Non-U.S. clients can still trade the token but need to pre-fund all short trades, according to The Block report, which cited no sources
- According to a lawsuit filed Tuesday, Ripple raised $1.3 billion over a seven-year period to retail investors through its sale of XRP on an ongoing basis. If the SEC prevails, XRP could become a pariah token as platforms that continued to list the crypto may have to register as securities exchanges.
UPDATE (Dec. 27, 1:01 UTC): Adds that OSL and CrossTower have also suspended XRP trading.